Is Plaza Residences, 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, Plaza Residences was a Seller's Market.
Housing Prices in Plaza Residences, AZ
How much do homes in Plaza Residences, AZ cost?
Median Sold Price
$405,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Plaza Residences was $405,000 in April 2024, up 17.1% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $332K | +0.6% |
2 Bedrooms | $418.5K | $422.5K | +1.0% |
3 Bedrooms | $470K | $555K | +18.1% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Plaza Residences housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 18.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Plaza Residences | $346K | $405K | +17.1% |
Paradise Valley Village | $616.8K | $644.9K | +4.6% |
Kierland | $1.3M | $950K | -27.9% |
Housing Supply in Plaza Residences, AZ
How many homes are available in Plaza Residences, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Plaza Residences real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Plaza Residences 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Plaza Residences in April 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 Plaza Residences, AZ
How long does it take to sell a home in Plaza Residences, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 36 Days | -50.0% |
Summary: Homes in Plaza Residences had an average of 36 days on market in Apr 2024, down by 50% 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
Summary: During April 2024, 1 homes were sold in Plaza Residences; 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.