Is Peralta Trails, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peralta Trails is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Peralta Trails has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Peralta Trails, AZ

How much do homes in Peralta Trails, AZ cost?

Median Sold Price

$416,250

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,750(-2.1%)

Key Takeaway

Homes in Peralta Trails have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Peralta Trails was $416,250 in April 2024, down 2.1% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $400K$385.5K
-3.6%
3 $430K$420K
-2.3%
4 $573K$549.7K
-4.1%
5+ $495K$610K
+23.2%

Summary: Peralta 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 decreased by 3.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Neighborhoods

Peralta Trails
-2.1%
Gold Canyon
-3.1%

Housing Supply in Peralta Trails, AZ

How many homes are available in Peralta Trails, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24240.0%

Summary: The Peralta Trails real estate market had 24 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1415
+7.1%
4 22
0.0%
5+ 00
0.0%

Summary: The Peralta 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 decreased by 12.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peralta Trails, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Peralta Trails in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Peralta Trails, AZ

How long does it take to sell a home in Peralta Trails, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
83 Days37 Days-55.3%

Summary: Homes in Peralta Trails had an average of 37 days on market in Apr 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peralta Trails are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Peralta Trails; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

Newest Listings in Peralta Trails, AZ

Nearby Markets to Peralta Trails, AZ