Is Queen Creek, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Queen Creek is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Queen Creek has remained a Seller's Market.

Key Takeaway

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

How much do homes in Queen Creek, AZ cost?

Median Sold Price

$573,902

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$136,462(+31.2%)

Key Takeaway

Homes in Queen Creek have sold for 31.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $358.4K$450K
+25.5%
3 $368.9K$475K
+28.7%
4 $449.3K$579.2K
+28.9%
5+ $529.9K$682K
+28.7%

Median Sold Price Compared To Nearby Cities

San Tan Valley
+34.1%
Queen Creek
+31.2%
Queen Creek
+27.8%
Gilbert
+27.0%
Mesa
+24.2%

How many homes are available in Queen Creek, AZ?

Number of Homes For Sale

Nov 2021Dec 2021%
335297-11.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 44
0.0%
3 10699
-6.6%
4 145126
-13.1%
5+ 8068
-15.0%

Number of Homes Sold

Nov 2021Dec 2021%
95112+17.9%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Queen Creek, you could pay more than the asking price. 40.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
28 Days33 Days+15.1%

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Queen Creek, AZ

Homes for sale in Queen Creek, AZ have reached 297. In December 2021 in Queen Creek, AZ there were 11.3% less homes for sale than in November 2021. While the average time on the market in December 2021 was 33 days, the median list price was $573,902. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 25.5%, prices of 3 bedrooms properties increased by 28.7%, 4 bedrooms properties became 28.9% more expensive, prices of 5 bedrooms properties increased by 28.7%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 6.6% less available, the quantity of 4 bedrooms homes went down by 13.1%, the quantity of 5 bedrooms homes went down by 15%. Queen Creek, AZ housing market in December 2021 saw over 45 listings sold above listed price, more than 28 sold at listed price and over 39 sold below.

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