Is Legend Trail, 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, Legend Trail was a Buyer's Market.
Housing Prices in Legend Trail, AZ
How much do homes in Legend Trail, AZ cost?
Median Sold Price
$1,111,000
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Legend Trail was $1,111,000 in March 2024, down 7.4% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $650K | $666.7K | +2.6% |
3 Bedrooms | $945K | $1.0M | +12.4% |
4 Bedrooms | $1.5M | $1.4M | -4.3% |
5+ Bedrooms | - | - | N/A |
Summary: Legend Trail 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 increased by 2.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Northern Scottsdale | $1.2M | $1.3M | +6.3% |
Troon North | $970K | $980K | +1.0% |
Legend Trail | $1.2M | $1.1M | -7.4% |
Housing Supply in Legend Trail, AZ
How many homes are available in Legend Trail, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Legend Trail real estate market had 17 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Legend Trail 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 increased by 200%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Legend Trail in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Legend Trail, AZ
How long does it take to sell a home in Legend Trail, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 67 Days | +141.7% |
Summary: Homes in Legend Trail had an average of 67 days on market in Mar 2024, up by 141.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Legend Trail; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.