Is Pinal County, 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, Pinal County has remained a Seller's Market.
Housing Prices in Pinal County, AZ
How much do homes in Pinal County, AZ cost?
Median Sold Price
$364,776
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pinal County was $364,776 in March 2024, down 5.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $140K | -3.4% |
2 Bedrooms | $380K | $373.1K | -1.8% |
3 Bedrooms | $360.3K | $339.9K | -5.6% |
4 Bedrooms | $400.1K | $375.4K | -6.2% |
5+ Bedrooms | $452K | $430.6K | -4.7% |
Summary: Pinal County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Counties
Gila County | $409.8K | $449.4K | +9.7% |
Maricopa County | $471.7K | $469.8K | -0.4% |
Pinal County | $385.8K | $364.7K | -5.5% |
Housing Supply in Pinal County, AZ
How many homes are available in Pinal County, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3,166 | 3,387 | +7.0% |
Summary: The Pinal County real estate market had 3,387 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 15 | 0.0% |
2 Bedrooms | 504 | 547 | +8.5% |
3 Bedrooms | 1,366 | 1,521 | +11.3% |
4 Bedrooms | 1,009 | 1,028 | +1.9% |
5+ Bedrooms | 272 | 276 | +1.5% |
Summary: The Pinal County 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 increased by 8.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 1.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
571 | 692 | +21.2% |
Asking Price vs. Sold Price
326 Homes Were Sold
Under Asking
254 Homes Were Sold
At Asking
112 Homes Were Sold
Over Asking
Summary: A total of 692 homes were sold or pending in Pinal County in March 2024, up by 21.2% month-over-month. Of the 692 sold homes, 47% were sold under asking, 37% were sold at asking, and 16% were sold over asking.
Days on Market for Pinal County, AZ
How long does it take to sell a home in Pinal County, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 74 Days | -9.1% |
Summary: Homes in Pinal County had an average of 74 days on market in Mar 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
186 Homes Were Sold
Under 30 Days
283 Homes Were Sold
In 30 - 90 Days
223 Homes Were Sold
Over 90 Days
Summary: During March 2024, 692 homes were sold in Pinal County; 27% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.