Is Lyon's Gate, 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, Lyon's Gate has remained a Seller's Market.
Housing Prices in Lyon's Gate, AZ
How much do homes in Lyon's Gate, AZ cost?
Median Sold Price
$530,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lyon's Gate was $530,000 in April 2024, up 7.6% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $427.5K | $415K | -2.9% |
3 Bedrooms | $450K | $475K | +5.6% |
4 Bedrooms | $560K | $564.9K | +0.9% |
5+ Bedrooms | $830K | $645K | -22.3% |
Summary: Lyon's Gate 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 2.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Neighborhoods
Lyon's Gate | $492.5K | $530K | +7.6% |
Higley Park | $475K | $485K | +2.1% |
Agritopia | $907.5K | $879K | -3.1% |
Housing Supply in Lyon's Gate, AZ
How many homes are available in Lyon's Gate, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Lyon's Gate real estate market had 16 homes for sale in April 2024, a 5.9% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lyon's Gate 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 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lyon's Gate in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Lyon's Gate, AZ
How long does it take to sell a home in Lyon's Gate, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 42 Days | +60.8% |
Summary: Homes in Lyon's Gate had an average of 42 days on market in Apr 2024, up by 60.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Lyon's Gate; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.