Is Rancho Vistoso, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rancho Vistoso has remained a Buyer's Market.
Key Takeaway
Rancho Vistoso is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rancho Vistoso, AZ
How much do homes in Rancho Vistoso, AZ cost?
Median Sold Price
$777,000
$343/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rancho Vistoso have sold for 94.3% more than they did a month ago.
Summary: The median home sold price in Rancho Vistoso was $777,000 in April 2024, up 94.3% from last month, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $777K | N/A |
| 4 Bedrooms | $400K | $417K | +4.3% |
| 5+ Bedrooms | - | $8.5M | N/A |
Summary: Rancho Vistoso housing prices by bedroom type for April 2024 compared to the previous month: 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 increased by 4.3%, and 5+ bedroom homes did not change.
Housing Supply in Rancho Vistoso, AZ
How many homes are available in Rancho Vistoso, AZ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 126 | +48.2% |
Summary: The Rancho Vistoso real estate market had 126 homes for sale in April 2024, a 48.2% 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 | 24 | 43 | +79.2% |
| 3 Bedrooms | 30 | 39 | +30.0% |
| 4 Bedrooms | 27 | 36 | +33.3% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Rancho Vistoso 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 79.2%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rancho Vistoso, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Rancho Vistoso in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rancho Vistoso, AZ
How long does it take to sell a home in Rancho Vistoso, AZ?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 48 Days | +43.1% |
Summary: Homes in Rancho Vistoso had an average of 48 days on market in Apr 2024, up by 43.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rancho Vistoso has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Rancho Vistoso; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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