Is Sunset farms, 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, Sunset farms has remained a Seller's Market.
Housing Prices in Sunset farms, AZ
How much do homes in Sunset farms, AZ cost?
Median Sold Price
$417,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunset farms was $417,500 in April 2024, down 7% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $419.9K | $407K | -3.1% |
4 Bedrooms | $460K | $417.5K | -9.2% |
5+ Bedrooms | $500K | $465K | -7.0% |
Summary: Sunset farms 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 3.1%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 7%.
Median Sold Price Compared To Nearby Neighborhoods
Estrella | $399.7K | $390.3K | -2.4% |
Country Place | $410K | $390K | -4.9% |
Sunset farms | $449K | $417.5K | -7.0% |
Housing Supply in Sunset farms, AZ
How many homes are available in Sunset farms, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Sunset farms real estate market had 19 homes for sale in April 2024, a 18.8% increase 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 | 5 | 6 | +20.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sunset farms 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 increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Sunset farms in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset farms, AZ
How long does it take to sell a home in Sunset farms, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 30 Days | -61.6% |
Summary: Homes in Sunset farms had an average of 30 days on market in Apr 2024, down by 61.6% 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 April 2024, 4 homes were sold in Sunset farms; 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.