Is North Pinal, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$415,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Pinal was $415,000 in March 2024, down 5.7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $161.5K | $150K | -7.1% |
2 Bedrooms | $414.1K | $426.1K | +2.9% |
3 Bedrooms | $415.2K | $390.1K | -6.1% |
4 Bedrooms | $466.4K | $439.8K | -5.7% |
5+ Bedrooms | $536.4K | $500K | -6.8% |
Summary: North Pinal housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Superior | $174.5K | $240K | +37.5% |
Queen Creek | $617.3K | $602.3K | -2.4% |
North Pinal | $440K | $415K | -5.7% |
San Tan Valley | $440K | $415K | -5.7% |
Florence | $366K | $339.9K | -7.1% |
Housing Supply in North Pinal, AZ
How many homes are available in North Pinal, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,272 | 1,310 | +3.0% |
Summary: The North Pinal real estate market had 1,310 homes for sale in March 2024, a 3.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 209 | 209 | 0.0% |
3 Bedrooms | 541 | 579 | +7.0% |
4 Bedrooms | 393 | 384 | -2.3% |
5+ Bedrooms | 119 | 128 | +7.6% |
Summary: The North Pinal 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 remained the same, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
281 | 286 | +1.8% |
Asking Price vs. Sold Price
132 Homes Were Sold
Under Asking
106 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 286 homes were sold or pending in North Pinal in March 2024, up by 1.8% month-over-month. Of the 286 sold homes, 46% were sold under asking, 37% were sold at asking, and 17% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 66 Days | -22.3% |
Summary: Homes in North Pinal had an average of 66 days on market in Mar 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
127 Homes Were Sold
In 30 - 90 Days
83 Homes Were Sold
Over 90 Days
Summary: During March 2024, 286 homes were sold in North Pinal; 27% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.