Is Romola of Arizona, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Romola of Arizona has remained a Seller's Market.
Housing Prices in Romola of Arizona, AZ
How much do homes in Romola of Arizona, AZ cost?
Median Sold Price
$607,970
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Romola of Arizona was $607,970 in March 2024, down 10.6% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $505K | - | N/A |
3 Bedrooms | $600K | $526.2K | -12.3% |
4 Bedrooms | $715K | $704K | -1.5% |
5+ Bedrooms | $975K | $945K | -3.1% |
Summary: Romola of Arizona housing prices by bedroom type for March 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 12.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
Yucca | $466.2K | $459.9K | -1.4% |
Romola of Arizona | $680K | $607.9K | -10.6% |
Housing Supply in Romola of Arizona, AZ
How many homes are available in Romola of Arizona, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 32 | -17.9% |
Summary: The Romola of Arizona real estate market had 32 homes for sale in March 2024, a 17.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 24 | 17 | -29.2% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Romola of Arizona housing inventory by bedroom type for March 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 29.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Romola of Arizona in March 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Romola of Arizona, AZ
How long does it take to sell a home in Romola of Arizona, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 84 Days | +21.5% |
Summary: Homes in Romola of Arizona had an average of 84 days on market in Mar 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Romola of Arizona; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.