Is Greer Ranch South, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Greer Ranch South was a Buyer's Market.
Housing Prices in Greer Ranch South, AZ
How much do homes in Greer Ranch South, AZ cost?
Median Sold Price
$443,750
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greer Ranch South was $443,750 in April 2024, down 6.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $460K | $403.9K | -12.2% |
4 Bedrooms | $485K | $495K | +2.1% |
5+ Bedrooms | $545.5K | $503.9K | -7.6% |
Summary: Greer Ranch South 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 12.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Neighborhoods
Greer Ranch South | $475K | $443.7K | -6.6% |
Greer Ranch North | $549.4K | $496.9K | -9.6% |
Greer Ranch | $525.9K | $474.5K | -9.8% |
Housing Supply in Greer Ranch South, AZ
How many homes are available in Greer Ranch South, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Greer Ranch South real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Greer Ranch South 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 remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Greer Ranch South in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Greer Ranch South, AZ
How long does it take to sell a home in Greer Ranch South, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 56 Days | -10.3% |
Summary: Homes in Greer Ranch South had an average of 56 days on market in Apr 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Greer Ranch South; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.