Is Serenity, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Serenity is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Serenity has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Serenity, AZ

How much do homes in Serenity, AZ cost?

Median Sold Price

$440,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$63,000(-12.5%)

Key Takeaway

Homes in Serenity have sold for 12.5% less than they did a year ago.

Summary: The median home sold price in Serenity was $440,000 in April 2024, down 12.5% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $505K$419.9K
-16.8%
3 $503K$489.9K
-2.6%
4 --
N/A
5+ --
N/A

Summary: Serenity housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sun City Anthem
-1.1%
Serenity
-12.5%

Housing Supply in Serenity, AZ

How many homes are available in Serenity, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Serenity real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Serenity 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Serenity, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Serenity in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Serenity, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
75 Days24 Days-68.0%

Summary: Homes in Serenity had an average of 24 days on market in Apr 2024, down by 68% compared to last year.

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 Serenity are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Serenity; 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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