Is Litchfield Greens, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Litchfield Greens is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Litchfield Greens, AZ

How much do homes in Litchfield Greens, AZ cost?

Median Sold Price

$640,000

$296/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$155,000(+32.0%)

Key Takeaway

Homes in Litchfield Greens have sold for 32% more than they did a month ago.

Summary: The median home sold price in Litchfield Greens was $640,000 in April 2024, up 32% from last month, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $485K-
N/A
3 $492.5K$640K
+29.9%
4 --
N/A
5+ --
N/A

Summary: Litchfield Greens 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 increased by 29.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Litchfield Greens, AZ

How many homes are available in Litchfield Greens, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
64-33.3%

Summary: The Litchfield Greens real estate market had 4 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Litchfield Greens 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 Litchfield Greens, 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 Litchfield Greens in April 2024, down by 66.7% month-over-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 Litchfield Greens, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
75 Days18 Days-76.2%

Summary: Homes in Litchfield Greens had an average of 18 days on market in Apr 2024, down by 76.2% 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 Litchfield Greens are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Litchfield Greens; 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 4 Days Ago

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