Is Ironwood Commons, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ironwood Commons is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Ironwood Commons has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ironwood Commons, AZ

How much do homes in Ironwood Commons, AZ cost?

Median Sold Price

$304,140

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$79,860(-20.8%)

Key Takeaway

Homes in Ironwood Commons have sold for 20.8% less than they did a year ago.

Summary: The median home sold price in Ironwood Commons was $304,140 in April 2024, down 20.8% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$300K
-14.3%
4 $387K$347.5K
-10.2%
5+ $408K$410K
0.5%

Summary: Ironwood Commons 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 14.3%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 0.5%.

Housing Supply in Ironwood Commons, AZ

How many homes are available in Ironwood Commons, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Ironwood Commons real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Ironwood Commons 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ironwood Commons, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ironwood Commons in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Ironwood Commons, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
104 Days32 Days-69.4%

Summary: Homes in Ironwood Commons had an average of 32 days on market in Apr 2024, down by 69.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During April 2024, 2 homes were sold in Ironwood Commons; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

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