Is Tatum Highlands, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tatum Highlands was a Seller's Market.
Housing Prices in Tatum Highlands, AZ
How much do homes in Tatum Highlands, AZ cost?
Median Sold Price
$626,500
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tatum Highlands was $626,500 in April 2024, up 2.7% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $551.5K | $584.9K | +6.1% |
4 Bedrooms | $666K | $699.9K | +5.1% |
5+ Bedrooms | $625K | $1.0M | +73.7% |
Summary: Tatum Highlands 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 increased by 6.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Neighborhoods
Tatum Highlands | $609.9K | $626.5K | +2.7% |
Desert View | $698.6K | $716.2K | +2.5% |
Housing Supply in Tatum Highlands, AZ
How many homes are available in Tatum Highlands, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Tatum Highlands real estate market had 13 homes for sale in April 2024, a 18.2% 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 | 7 | +40.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tatum Highlands 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 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Tatum Highlands in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tatum Highlands, AZ
How long does it take to sell a home in Tatum Highlands, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 14 Days | -79.7% |
Summary: Homes in Tatum Highlands had an average of 14 days on market in Apr 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Tatum Highlands; 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.