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
$615,130
$255/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 $615,130 in June 2024, up 2.5% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | - | N/A |
2 Bedrooms | $457.5K | $385K | -15.8% |
3 Bedrooms | $477K | $518.9K | +8.8% |
4 Bedrooms | $622K | $639.6K | +2.8% |
5+ Bedrooms | $766.5K | $787.3K | +2.7% |
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 decreased by 15.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Queen Creek | $601K | $629.9K | +4.8% |
Gilbert | $550.1K | $575.5K | +4.6% |
San Tan Valley | $411.1K | $424.9K | +3.4% |
Queen Creek | $599.9K | $615.1K | +2.5% |
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 |
---|---|---|
912 | 879 | -3.6% |
Summary: The Queen Creek real estate market had 879 homes for sale in June 2024, a 3.6% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 285 | 264 | -7.4% |
4 Bedrooms | 439 | 427 | -2.7% |
5+ Bedrooms | 185 | 185 | 0.0% |
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 remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
178 | 161 | -9.6% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 161 homes were sold or pending in Queen Creek in June 2024, down by 9.6% month-over-month. Of the 161 sold homes, 59% were sold under asking, 30% were sold at asking, and 11% 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 |
---|---|---|
79 Days | 84 Days | +5.1% |
Summary: Homes in Queen Creek had an average of 84 days on market in Jun 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
60 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Summary: During June 2024, 161 homes were sold in Queen Creek; 29% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.