Is Skyline Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Skyline Ranch has remained a Seller's Market.
Housing Prices in Skyline Ranch, AZ
How much do homes in Skyline Ranch, AZ cost?
Median Sold Price
$403,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Skyline Ranch was $403,500 in April 2024, down 3.5% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $389K | $379.5K | -2.4% |
4 Bedrooms | $425K | $407K | -4.2% |
5+ Bedrooms | $494.5K | $445K | -10.0% |
Summary: Skyline Ranch 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 did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
Morning Sun Farms | $407.7K | $404K | -0.9% |
Skyline Ranch | $418K | $403.5K | -3.5% |
Circle Cross Ranch | $449K | $433K | -3.6% |
Housing Supply in Skyline Ranch, AZ
How many homes are available in Skyline Ranch, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Summary: The Skyline Ranch real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Skyline Ranch 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 decreased by 7.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Skyline Ranch in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Skyline Ranch, AZ
How long does it take to sell a home in Skyline Ranch, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 53 Days | -45.8% |
Summary: Homes in Skyline Ranch had an average of 53 days on market in Apr 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Skyline Ranch; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.