Is Entrada del Oro, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Entrada del Oro is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Entrada del Oro has remained a Seller's Market.

Key Takeaway

Entrada del Oro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Entrada del Oro, AZ

How much do homes in Entrada del Oro, AZ cost?

Median Sold Price

$389,348

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$50,652(-11.5%)

Key Takeaway

Homes in Entrada del Oro have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Entrada del Oro was $389,348 in April 2024, down 11.5% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $390K$384.9K
-1.3%
4 $464K$389.3K
-16.1%
5+ $495K$496K
0.2%

Summary: Entrada del Oro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 0.2%.

Housing Supply in Entrada del Oro, AZ

How many homes are available in Entrada del Oro, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1413-7.1%

Summary: The Entrada del Oro real estate market had 13 homes for sale in April 2024, a 7.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 77
0.0%
5+ 00
0.0%

Summary: The Entrada del Oro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Entrada del Oro, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Entrada del Oro in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Entrada del Oro, AZ

How long does it take to sell a home in Entrada del Oro, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
96 Days87 Days-9.0%

Summary: Homes in Entrada del Oro had an average of 87 days on market in Apr 2024, down by 9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Entrada del Oro are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Entrada del Oro; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Entrada del Oro, AZ

Nearby Markets to Entrada del Oro, AZ