Is Queen Creek, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Queen Creek has remained a Seller's Market.
Housing Prices in Queen Creek, AZ
How much do homes in Queen Creek, AZ cost?
Median Sold Price
$629,983
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Queen Creek was $629,983 in June 2024, up 4.8% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | - | N/A |
2 Bedrooms | $493.8K | $507K | +2.7% |
3 Bedrooms | $479K | $545K | +13.8% |
4 Bedrooms | $626.8K | $648.6K | +3.5% |
5+ Bedrooms | $767.5K | $825K | +7.5% |
Summary: Queen Creek housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
Queen Creek | $601K | $629.9K | +4.8% |
San Tan Valley | $411.1K | $424.9K | +3.4% |
Queen Creek | $599.9K | $615.1K | +2.5% |
North Pinal | $417.6K | $424.9K | +1.7% |
Housing Supply in Queen Creek, AZ
How many homes are available in Queen Creek, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
659 | 618 | -6.2% |
Summary: The Queen Creek real estate market had 618 homes for sale in June 2024, a 6.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 177 | 160 | -9.6% |
4 Bedrooms | 323 | 299 | -7.4% |
5+ Bedrooms | 145 | 144 | -0.7% |
Summary: The Queen Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 0.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
133 | 122 | -8.3% |
Asking Price vs. Sold Price
74 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 122 homes were sold or pending in Queen Creek in June 2024, down by 8.3% month-over-month. Of the 122 sold homes, 61% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Queen Creek, AZ
How long does it take to sell a home in Queen Creek, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
78 Days | 84 Days | +8.1% |
Summary: Homes in Queen Creek had an average of 84 days on market in Jun 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Summary: During June 2024, 122 homes were sold in Queen Creek; 29% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.