Is Estrella Vista, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estrella Vista is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Estrella Vista has remained a Seller's Market.

Key Takeaway

Estrella Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Estrella Vista, AZ

How much do homes in Estrella Vista, AZ cost?

Median Sold Price

$390,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$30,000(-7.1%)

Key Takeaway

Homes in Estrella Vista have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Estrella Vista was $390,000 in April 2024, down 7.1% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $336.2K-
N/A
3 $400K$377K
-5.8%
4 $440K$398.9K
-9.3%
5+ -$480K
N/A

Summary: Estrella Vista 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 5.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes did not change.

Housing Supply in Estrella Vista, AZ

How many homes are available in Estrella Vista, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1112+9.1%

Summary: The Estrella Vista real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Estrella Vista 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estrella Vista, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Estrella Vista in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Estrella Vista, AZ

How long does it take to sell a home in Estrella Vista, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
88 Days28 Days-67.7%

Summary: Homes in Estrella Vista had an average of 28 days on market in Apr 2024, down by 67.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Estrella Vista has remained consistent over time.

Summary: During April 2024, 5 homes were sold in Estrella Vista; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

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