Is Grey Fox, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grey Fox is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Grey Fox was a Seller's Market.

Key Takeaway

Grey Fox 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 Grey Fox, AZ

How much do homes in Grey Fox, AZ cost?

Median Sold Price

$2,387,500

$590/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,500(+1.4%)

Key Takeaway

Homes in Grey Fox have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Grey Fox was $2,387,500 in March 2024, up 1.4% from last year, and the median price per square foot was $590.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $4.0M$2.3M
-42.7%
4 $2.6M$2.6M
+1.2%
5+ $2.1M-
N/A

Summary: Grey Fox 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 42.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Northern Scottsdale
+6.3%
Grey Fox
+1.4%
Desert Mountain
+1.0%

Housing Supply in Grey Fox, AZ

How many homes are available in Grey Fox, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
770.0%

Summary: The Grey Fox real estate market had 7 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 43
-25.0%
5+ 12
+100.0%

Summary: The Grey Fox 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grey Fox, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Grey Fox in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Grey Fox, AZ

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

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days54 Days+40.3%

Summary: Homes in Grey Fox had an average of 54 days on market in Mar 2024, up by 40.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Grey Fox has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Grey Fox; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

Newest Listings in Grey Fox, AZ

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