Is Sunrise Canyon, 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, Sunrise Canyon has remained a Seller's Market.
Housing Prices in Sunrise Canyon, AZ
How much do homes in Sunrise Canyon, AZ cost?
Median Sold Price
$395,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunrise Canyon was $395,000 in April 2024, up 2.7% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $335K | $342K | +2.1% |
3 Bedrooms | $390K | $392.5K | +0.6% |
4 Bedrooms | $410K | $441.5K | +7.7% |
5+ Bedrooms | - | $495.9K | N/A |
Summary: Sunrise Canyon 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 increased by 2.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Sunrise Canyon | $384.7K | $395K | +2.7% |
Superstition Villa | $355K | $349.9K | -1.4% |
Housing Supply in Sunrise Canyon, AZ
How many homes are available in Sunrise Canyon, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The Sunrise Canyon real estate market had 11 homes for sale in April 2024, a 21.4% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunrise Canyon 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sunrise Canyon in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sunrise Canyon, AZ
How long does it take to sell a home in Sunrise Canyon, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 30 Days | -47.8% |
Summary: Homes in Sunrise Canyon had an average of 30 days on market in Apr 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Sunrise Canyon; 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.