Is Stetson Valley, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stetson Valley is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Stetson Valley, AZ

How much do homes in Stetson Valley, AZ cost?

Median Sold Price

$640,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,000(-0.8%)

Key Takeaway

Homes in Stetson Valley have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Stetson Valley was $640,000 in March 2024, down 0.8% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $380K$385.7K
+1.5%
3 $507.5K$505K
-0.5%
4 $695K$699.9K
+0.7%
5+ $772.5K$907K
+17.4%

Summary: Stetson Valley 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 increased by 1.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 17.4%.

Median Sold Price Compared To Nearby Neighborhoods

North Gateway
+4.9%
Stetson Valley
-0.8%

Housing Supply in Stetson Valley, AZ

How many homes are available in Stetson Valley, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2322-4.3%

Summary: The Stetson Valley real estate market had 22 homes for sale in March 2024, a 4.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 89
+12.5%
4 95
-44.4%
5+ 67
+16.7%

Summary: The Stetson Valley 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
770.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stetson Valley, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Stetson Valley in March 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Stetson Valley, AZ

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

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days24 Days-31.5%

Summary: Homes in Stetson Valley had an average of 24 days on market in Mar 2024, down by 31.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Stetson Valley; 57% of homes were sold within 30 days, 43% 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 24 Days Ago

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