Is Pecan Creek, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pecan Creek was a Seller's Market.
Housing Prices in Pecan Creek, AZ
How much do homes in Pecan Creek, AZ cost?
Median Sold Price
$399,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pecan Creek was $399,000 in April 2024, down 2.7% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $390K | $330K | -15.4% |
3 Bedrooms | $399.9K | $373.7K | -6.5% |
4 Bedrooms | $435K | $419K | -3.7% |
5+ Bedrooms | $470K | $513.4K | +9.3% |
Summary: Pecan Creek 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 15.4%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Neighborhoods
Pecan Creek | $410K | $399K | -2.7% |
Cambria Ocotillo | $375K | $365K | -2.7% |
Housing Supply in Pecan Creek, AZ
How many homes are available in Pecan Creek, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 49 | +11.4% |
Summary: The Pecan Creek real estate market had 49 homes for sale in April 2024, a 11.4% increase 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 | 23 | 26 | +13.0% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Pecan Creek 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 13%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pecan Creek in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Pecan Creek, AZ
How long does it take to sell a home in Pecan Creek, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
102 Days | 61 Days | -40.1% |
Summary: Homes in Pecan Creek had an average of 61 days on market in Apr 2024, down by 40.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Pecan Creek; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.