Is Rogers Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rogers Ranch has remained a Seller's Market.
Housing Prices in Rogers Ranch, AZ
How much do homes in Rogers Ranch, AZ cost?
Median Sold Price
$395,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rogers Ranch was $395,000 in May 2024, down 8.1% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $350K | - | N/A |
3 Bedrooms | $382K | $368K | -3.7% |
4 Bedrooms | $440K | $412K | -6.4% |
5+ Bedrooms | $460.6K | $501.5K | +8.9% |
Summary: Rogers Ranch housing prices by bedroom type for May 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 decreased by 3.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
Laveen | $435K | $437.2K | 0.5% |
Rogers Ranch | $429.9K | $395K | -8.1% |
Housing Supply in Rogers Ranch, AZ
How many homes are available in Rogers Ranch, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Summary: The Rogers Ranch real estate market had 17 homes for sale in May 2024, a 19.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 9 | -30.8% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rogers Ranch housing inventory by bedroom type for May 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 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Rogers Ranch in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Rogers Ranch, AZ
How long does it take to sell a home in Rogers Ranch, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 78 Days | +180.6% |
Summary: Homes in Rogers Ranch had an average of 78 days on market in May 2024, up by 180.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Rogers Ranch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.