Is Jubilation, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jubilation is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jubilation has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jubilation, AZ

How much do homes in Jubilation, AZ cost?

Median Sold Price

$520,000

$138/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$160,000(+44.4%)

Key Takeaway

Homes in Jubilation have sold for 44.4% more than they did a month ago.

Summary: The median home sold price in Jubilation was $520,000 in April 2024, up 44.4% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $360K$520K
+44.4%
5+ --
N/A

Summary: Jubilation housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Jubilation
+44.4%
Heritage
+2.7%
Overlook
+0.8%

Housing Supply in Jubilation, AZ

How many homes are available in Jubilation, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The Jubilation real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Jubilation 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 decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 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 Jubilation, 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 Jubilation in April 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 Jubilation, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
72 Days3 Days-95.8%

Summary: Homes in Jubilation had an average of 3 days on market in Apr 2024, down by 95.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Jubilation; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Jubilation, AZ

Nearby Markets to Jubilation, AZ