Is Kingswood Parke, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kingswood Parke has remained a Seller's Market.
Housing Prices in Kingswood Parke, AZ
How much do homes in Kingswood Parke, AZ cost?
Median Sold Price
$375,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kingswood Parke was $375,000 in April 2024, down 9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $340K | $327.5K | -3.7% |
3 Bedrooms | $419.9K | $367K | -12.6% |
4 Bedrooms | $441K | $437K | -0.9% |
5+ Bedrooms | - | - | N/A |
Summary: Kingswood Parke 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 decreased by 3.7%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in Kingswood Parke, AZ
How many homes are available in Kingswood Parke, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The Kingswood Parke real estate market had 25 homes for sale in April 2024, a 19.0% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Kingswood Parke 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 increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Kingswood Parke in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Kingswood Parke, AZ
How long does it take to sell a home in Kingswood Parke, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 29 Days | -61.6% |
Summary: Homes in Kingswood Parke had an average of 29 days on market in Apr 2024, down by 61.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Kingswood Parke; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.