Is Greer Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Greer Ranch was a Buyer's Market.
Housing Prices in Greer Ranch, AZ
How much do homes in Greer Ranch, AZ cost?
Median Sold Price
$472,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greer Ranch was $472,000 in March 2024, down 10.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $475K | $422.4K | -11.1% |
4 Bedrooms | $530K | $510K | -3.8% |
5+ Bedrooms | $560K | $514.4K | -8.1% |
Summary: Greer Ranch 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 did not change, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
Marley Park | $480K | $450K | -6.3% |
Rancho Gabriela | $460K | $419K | -8.9% |
Greer Ranch South | $480K | $435.7K | -9.2% |
Greer Ranch | $529K | $472K | -10.8% |
Greer Ranch North | $585K | $500K | -14.5% |
Housing Supply in Greer Ranch, AZ
How many homes are available in Greer Ranch, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Summary: The Greer Ranch real estate market had 32 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Greer Ranch 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Greer Ranch in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Greer Ranch, AZ
How long does it take to sell a home in Greer Ranch, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
121 Days | 89 Days | -26.5% |
Summary: Homes in Greer Ranch had an average of 89 days on market in Mar 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Greer Ranch; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.