Is Superstition Foothills, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superstition Foothills is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Superstition Foothills, AZ

How much do homes in Superstition Foothills, AZ cost?

Median Sold Price

$640,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+4.1%)

Key Takeaway

Homes in Superstition Foothills have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Superstition Foothills was $640,000 in April 2024, up 4.1% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $617K$597.7K
-3.1%
4 $602.5K$760K
+26.1%
5+ -$870K
N/A

Summary: Superstition Foothills 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 increased by 26.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Superstition Foothills
+4.1%
Mountainbrook Village
+2.8%

Housing Supply in Superstition Foothills, AZ

How many homes are available in Superstition Foothills, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1311-15.4%

Summary: The Superstition Foothills real estate market had 11 homes for sale in April 2024, a 15.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 76
-14.3%
5+ 31
-66.7%

Summary: The Superstition Foothills 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 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superstition Foothills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Superstition Foothills in April 2024, down by 60.0% 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 Superstition Foothills, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days38 Days-34.2%

Summary: Homes in Superstition Foothills had an average of 38 days on market in Apr 2024, down by 34.2% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Superstition Foothills; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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