Is North Pinal, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, North Pinal has remained a Seller's Market.
Housing Prices in North Pinal, AZ
How much do homes in North Pinal, AZ cost?
Median Sold Price
$424,995
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Pinal was $424,995 in June 2024, up 1.7% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $161.5K | $160K | -0.9% |
2 Bedrooms | $410K | $434.9K | +6.1% |
3 Bedrooms | $394.2K | $398.7K | +1.1% |
4 Bedrooms | $443.3K | $448.6K | +1.2% |
5+ Bedrooms | $507.7K | $509.9K | 0.4% |
Summary: North Pinal housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
Superior | $212K | $225K | +6.1% |
Queen Creek | $601K | $629.9K | +4.8% |
San Tan Valley | $411.1K | $424.9K | +3.4% |
North Pinal | $417.6K | $424.9K | +1.7% |
Florence | $349.9K | $339.8K | -2.9% |
Housing Supply in North Pinal, AZ
How many homes are available in North Pinal, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,537 | 1,455 | -5.3% |
Summary: The North Pinal real estate market had 1,455 homes for sale in June 2024, a 5.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 186 | 179 | -3.8% |
3 Bedrooms | 672 | 620 | -7.7% |
4 Bedrooms | 510 | 505 | -1.0% |
5+ Bedrooms | 165 | 146 | -11.5% |
Summary: The North Pinal housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
358 | 282 | -21.2% |
Asking Price vs. Sold Price
136 Homes Were Sold
Under Asking
87 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Summary: A total of 282 homes were sold or pending in North Pinal in June 2024, down by 21.2% month-over-month. Of the 282 sold homes, 48% were sold under asking, 31% were sold at asking, and 21% were sold over asking.
Days on Market for North Pinal, AZ
How long does it take to sell a home in North Pinal, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
69 Days | 63 Days | -8.9% |
Summary: Homes in North Pinal had an average of 63 days on market in Jun 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
88 Homes Were Sold
Under 30 Days
131 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Summary: During June 2024, 282 homes were sold in North Pinal; 31% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.