Is Oasis at Canyon Trails, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oasis at Canyon Trails is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Oasis at Canyon Trails has remained a Seller's Market.

Key Takeaway

Oasis at Canyon Trails is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oasis at Canyon Trails, AZ

How much do homes in Oasis at Canyon Trails, AZ cost?

Median Sold Price

$467,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+2.8%)

Key Takeaway

Homes in Oasis at Canyon Trails have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Oasis at Canyon Trails was $467,000 in April 2024, up 2.8% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $430K$442.5K
+2.9%
4 $467.7K$467K
-0.2%
5+ $519.9K$481K
-7.5%

Summary: Oasis at Canyon Trails 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 did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 7.5%.

Housing Supply in Oasis at Canyon Trails, AZ

How many homes are available in Oasis at Canyon Trails, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1923+21.1%

Summary: The Oasis at Canyon Trails real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1115
+36.4%
4 64
-33.3%
5+ 24
+100.0%

Summary: The Oasis at Canyon Trails 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 increased by 36.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oasis at Canyon Trails, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Oasis at Canyon Trails in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Oasis at Canyon Trails, AZ

How long does it take to sell a home in Oasis at Canyon Trails, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
142 Days136 Days-4.6%

Summary: Homes in Oasis at Canyon Trails had an average of 136 days on market in Apr 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Oasis at Canyon Trails are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 5 homes were sold in Oasis at Canyon Trails; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 1 Day Ago

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