Is Pine Canyon, 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, Pine Canyon has remained a Seller's Market.
Housing Prices in Pine Canyon, AZ
How much do homes in Pine Canyon, AZ cost?
Median Sold Price
$2,300,000
$733/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pine Canyon was $2,300,000 in March 2024, up 15% from last year, and the median price per square foot was $733.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.0M | - | N/A |
3 Bedrooms | $1.2M | $1.5M | +21.6% |
4 Bedrooms | $2.2M | $2.5M | +11.1% |
5+ Bedrooms | $3.3M | $5.5M | +64.3% |
Summary: Pine Canyon 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 increased by 21.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 64.3%.
Housing Supply in Pine Canyon, AZ
How many homes are available in Pine Canyon, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 21 | +61.5% |
Summary: The Pine Canyon real estate market had 21 homes for sale in March 2024, a 61.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Pine Canyon 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 increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Pine Canyon in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Pine Canyon, AZ
How long does it take to sell a home in Pine Canyon, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 101 Days | +153.2% |
Summary: Homes in Pine Canyon had an average of 101 days on market in Mar 2024, up by 153.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Pine Canyon; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.