Is Superior, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Superior, AZ

How much do homes in Superior, AZ cost?

Median Sold Price

$225,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$13,000(+6.1%)

Key Takeaway

Homes in Superior have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Superior was $225,000 in June 2024, up 6.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $103.7K$160K
+54.2%
2 $175K$218.5K
+24.9%
3 $215K$240K
+11.6%
4 $292.5K$215K
-26.5%
5+ --
N/A

Summary: Superior housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.2%, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Superior
+6.1%
North Pinal
+1.7%

Housing Supply in Superior, AZ

How many homes are available in Superior, AZ?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1311-15.4%

Summary: The Superior real estate market had 11 homes for sale in June 2024, a 15.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 57
+40.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Superior housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 57.1%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Superior in June 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Superior, AZ

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

Average Sale Time

Jun 2023Jun 2024CHANGE
16 Days2 Days-84.0%

Summary: Homes in Superior had an average of 2 days on market in Jun 2024, down by 84% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 3 homes were sold in Superior; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

Newest Listings in Superior, AZ

Nearby Markets to Superior, AZ

What housing markets are near Superior, AZ?