Is Silverleaf, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Silverleaf was a Seller's Market.
Housing Prices in Silverleaf, AZ
How much do homes in Silverleaf, AZ cost?
Median Sold Price
$4,000,000
$798/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Silverleaf was $4,000,000 in March 2024, up 5.3% from last year, and the median price per square foot was $798.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $900K | $899K | -0.1% |
3 Bedrooms | $2.0M | $2.8M | +36.0% |
4 Bedrooms | $3.5M | $4.3M | +25.1% |
5+ Bedrooms | $5.5M | $4.4M | -18.3% |
Summary: Silverleaf 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 decreased by 0.1%, 3 bedroom homes increased by 36%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Neighborhoods
DC Ranch | $1.4M | $1.8M | +24.1% |
Country Club at DC Ranch | $2.3M | $2.7M | +15.8% |
Silverleaf | $3.8M | $4.0M | +5.3% |
Housing Supply in Silverleaf, AZ
How many homes are available in Silverleaf, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 60 | +17.6% |
Summary: The Silverleaf real estate market had 60 homes for sale in March 2024, a 17.6% increase 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 | 6 | 5 | -16.7% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 13 | 18 | +38.5% |
5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The Silverleaf 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 decreased by 16.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Silverleaf in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Silverleaf, AZ
How long does it take to sell a home in Silverleaf, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 35 Days | -11.9% |
Summary: Homes in Silverleaf had an average of 35 days on market in Mar 2024, down by 11.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Silverleaf; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.