Is Granville, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Granville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Granville, AZ

How much do homes in Granville, AZ cost?

Median Sold Price

$478,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,000(-2.4%)

Key Takeaway

Homes in Granville have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Granville was $478,000 in April 2024, down 2.4% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $434.9K$476.9K
+9.7%
3 $455K$455K
0.0%
4 $550K$630K
+14.5%
5+ -$647.5K
N/A

Summary: Granville 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 9.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.

Housing Supply in Granville, AZ

How many homes are available in Granville, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1411-21.4%

Summary: The Granville real estate market had 11 homes for sale in April 2024, a 21.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 98
-11.1%
4 43
-25.0%
5+ 00
0.0%

Summary: The Granville 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 decreased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Granville in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Granville, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days58 Days+225.0%

Summary: Homes in Granville had an average of 58 days on market in Apr 2024, up by 225% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Granville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Granville; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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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