Housing Prices in Preston Hills, AZ
How much do homes in Preston Hills, AZ cost?
Median List Price
$1,750,000
$545/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Preston Hills has decreased by 7.7% since last year.
Summary: The median home list price in Preston Hills was $1,750,000 in April 2024, down 7.7% from the previous year, and the median price per square foot was $545.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $950K | - | N/A |
| 4 Bedrooms | $2.1M | $1.7M | -18.4% |
| 5+ Bedrooms | $1.8M | $2.0M | +8.2% |
Summary: Preston Hills 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 8.2%.
Median List Price Compared To Nearby Neighborhoods
| Cactus Corridor | $1.2M | $1.5M | +27.4% |
| Knoell Scottsdale | $664.5K | $710K | +6.8% |
| Central Scottsdale | $829.5K | $870.5K | +4.9% |
| Preston Hills | $1.8M | $1.7M | -7.7% |
Housing Supply in Preston Hills, AZ
How many homes are available in Preston Hills, AZ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Preston Hills real estate market had 3 homes for sale in April 2024, a 50.0% 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 | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Preston Hills 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Preston Hills, AZ
How long does it take to sell a home in Preston Hills, AZ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 145 Days | +99.1% |
Summary: Homes in Preston Hills had an average listing age of 145 days in Apr 2024, up by 99.1% compared to the previous year.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.