Is Saguaro Canyon, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saguaro Canyon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Saguaro Canyon has remained a Seller's Market.

Key Takeaway

Saguaro Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saguaro Canyon, AZ

How much do homes in Saguaro Canyon, AZ cost?

Median Sold Price

$915,000

$222/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$285,000(+45.2%)

Key Takeaway

Homes in Saguaro Canyon have sold for 45.2% more than they did a month ago.

Summary: The median home sold price in Saguaro Canyon was $915,000 in April 2024, up 45.2% from last month, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $556K-
N/A
4 $630K-
N/A
5+ $810K$915K
+13.0%

Summary: Saguaro Canyon 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 did not change, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Neighborhoods

Saguaro Canyon
+45.2%
Lantana Ranch
0.3%

Housing Supply in Saguaro Canyon, AZ

How many homes are available in Saguaro Canyon, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42-50.0%

Summary: The Saguaro Canyon real estate market had 2 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 10
-100.0%
5+ 21
-50.0%

Summary: The Saguaro Canyon 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saguaro Canyon, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Saguaro Canyon in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Saguaro Canyon, AZ

How long does it take to sell a home in Saguaro Canyon, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
18 Days2 Days-88.9%

Summary: Homes in Saguaro Canyon had an average of 2 days on market in Apr 2024, down by 88.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saguaro Canyon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Saguaro Canyon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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