Is Hastings Farms, 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, Hastings Farms was a Neutral Market.
Housing Prices in Hastings Farms, AZ
How much do homes in Hastings Farms, AZ cost?
Median Sold Price
$607,500
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hastings Farms was $607,500 in March 2024, up 0.8% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $519.7K | $497.9K | -4.2% |
4 Bedrooms | $699K | $714.3K | +2.2% |
5+ Bedrooms | $851K | $816.7K | -4.0% |
Summary: Hastings Farms 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 4.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Neighborhoods
Hastings Farms | $602.5K | $607.5K | +0.8% |
Villages at Queen Creek | $499K | $457.5K | -8.3% |
Housing Supply in Hastings Farms, AZ
How many homes are available in Hastings Farms, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Summary: The Hastings Farms real estate market had 29 homes for sale in March 2024, a 16.0% 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 | 7 | 8 | +14.3% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Hastings Farms 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hastings Farms in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Hastings Farms, AZ
How long does it take to sell a home in Hastings Farms, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 72 Days | -22.0% |
Summary: Homes in Hastings Farms had an average of 72 days on market in Mar 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Hastings Farms; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.