Is Pebble Trail, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pebble Trail is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Pebble Trail was a Seller's Market.

Key Takeaway

Pebble Trail is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pebble Trail, AZ

How much do homes in Pebble Trail, AZ cost?

Median Sold Price

$410,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$67,500(-14.1%)

Key Takeaway

Homes in Pebble Trail have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in Pebble Trail was $410,000 in March 2024, down 14.1% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $365K-
N/A
3 $495.2K$447.5K
-9.6%
4 $475K$393.7K
-17.1%
5+ --
N/A

Summary: Pebble Trail housing prices by bedroom type for March 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 decreased by 9.6%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes did not change.

Housing Supply in Pebble Trail, AZ

How many homes are available in Pebble Trail, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
47+75.0%

Summary: The Pebble Trail real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 46
+50.0%
5+ 01
+100.0%

Summary: The Pebble Trail 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pebble Trail, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Pebble Trail in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Pebble Trail, AZ

How long does it take to sell a home in Pebble Trail, AZ?

Average Sale Time

Mar 2023Mar 2024CHANGE
39 Days50 Days+28.2%

Summary: Homes in Pebble Trail had an average of 50 days on market in Mar 2024, up by 28.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pebble Trail has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Pebble Trail; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

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