Is Fireside at Desert Ridge, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fireside at Desert Ridge is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Fireside at Desert Ridge was a Buyer's Market.

Key Takeaway

Fireside at Desert Ridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fireside at Desert Ridge, AZ

How much do homes in Fireside at Desert Ridge, AZ cost?

Median Sold Price

$933,498

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$54,498(+6.2%)

Key Takeaway

Homes in Fireside at Desert Ridge have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Fireside at Desert Ridge was $933,498 in April 2024, up 6.2% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $445K$519K
+16.6%
3 $557.5K$796.5K
+42.9%
4 $1.0M$945K
-9.9%
5+ $1.1M$1.0M
-7.7%

Summary: Fireside at Desert Ridge 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 increased by 16.6%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Neighborhoods

Fireside at Desert Ridge
+6.2%
Desert Ridge
+5.3%
Desert View
+2.5%
Aviano at Desert Ridge
-3.2%

Housing Supply in Fireside at Desert Ridge, AZ

How many homes are available in Fireside at Desert Ridge, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2419-20.8%

Summary: The Fireside at Desert Ridge real estate market had 19 homes for sale in April 2024, a 20.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 116
-45.5%
5+ 77
0.0%

Summary: The Fireside at Desert Ridge 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 decreased by 45.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fireside at Desert Ridge, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Fireside at Desert Ridge in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Fireside at Desert Ridge, AZ

How long does it take to sell a home in Fireside at Desert Ridge, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days45 Days+4.7%

Summary: Homes in Fireside at Desert Ridge had an average of 45 days on market in Apr 2024, up by 4.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 Fireside at Desert Ridge has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Fireside at Desert Ridge; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

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