Is Sunland Village East, 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, Sunland Village East has remained a Seller's Market.
Housing Prices in Sunland Village East, AZ
How much do homes in Sunland Village East, AZ cost?
Median Sold Price
$375,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunland Village East was $375,000 in April 2024, down 3.4% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $285K | +3.6% |
2 Bedrooms | $384.9K | $374.5K | -2.7% |
3 Bedrooms | $438.5K | $470K | +7.2% |
4 Bedrooms | $520K | $588K | +13.1% |
5+ Bedrooms | - | - | N/A |
Summary: Sunland Village East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Superstition Springs | $480K | $495K | +3.1% |
Sunland Village East | $388.2K | $375K | -3.4% |
Lesueur Estates | $472K | $436K | -7.6% |
Housing Supply in Sunland Village East, AZ
How many homes are available in Sunland Village East, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 52 | -10.3% |
Summary: The Sunland Village East real estate market had 52 homes for sale in April 2024, a 10.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 41 | 33 | -19.5% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunland Village East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Sunland Village East in April 2024, up by 31.3% month-over-month. Of the 21 sold homes, 43% were sold under asking, 48% were sold at asking, and 10% were sold over asking.
Days on Market for Sunland Village East, AZ
How long does it take to sell a home in Sunland Village East, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 29 Days | -57.5% |
Summary: Homes in Sunland Village East had an average of 29 days on market in Apr 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Sunland Village East; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.