Is Gold Canyon, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Canyon is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Gold Canyon was a Seller's Market.

Key Takeaway

Gold Canyon 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 Gold Canyon, AZ

How much do homes in Gold Canyon, AZ cost?

Median Sold Price

$520,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,000(-1.9%)

Key Takeaway

Homes in Gold Canyon have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Gold Canyon was $520,000 in March 2024, down 1.9% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $432.5K$427K
-1.3%
3 $537.4K$520K
-3.3%
4 $692.5K$635K
-8.3%
5+ $1.1M$858.7K
-23.8%

Summary: Gold Canyon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 23.8%.

Housing Supply in Gold Canyon, AZ

How many homes are available in Gold Canyon, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
213220+3.3%

Summary: The Gold Canyon real estate market had 220 homes for sale in March 2024, a 3.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 4240
-4.8%
3 110121
+10.0%
4 4946
-6.1%
5+ 1213
+8.3%

Summary: The Gold Canyon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4634-26.1%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Canyon, you may be able to get a good deal. 73.5% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Gold Canyon in March 2024, down by 26.1% month-over-month. Of the 34 sold homes, 74% were sold under asking, 12% were sold at asking, and 15% were sold over asking.

Days on Market for Gold Canyon, AZ

How long does it take to sell a home in Gold Canyon, AZ?

Average Sale Time

Mar 2023Mar 2024CHANGE
105 Days76 Days-27.2%

Summary: Homes in Gold Canyon had an average of 76 days on market in Mar 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gold Canyon has remained consistent over time.

Summary: During March 2024, 34 homes were sold in Gold Canyon; 21% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 35% 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 18 Days Ago

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