Is The Edge, 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, The Edge has remained a Buyer's Market.
Housing Prices in The Edge, AZ
How much do homes in The Edge, AZ cost?
Median Sold Price
$363,450
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Edge was $363,450 in April 2024, up 2.4% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $327.5K | $324.5K | -0.9% |
2 Bedrooms | $442.5K | $427K | -3.5% |
3 Bedrooms | $475K | $437K | -8.0% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: The Edge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Northern Scottsdale | $1.2M | $1.3M | +9.7% |
The Edge | $355K | $363.4K | +2.4% |
Grayhawk | $750K | $732.5K | -2.3% |
Housing Supply in The Edge, AZ
How many homes are available in The Edge, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The The Edge real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Edge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in The Edge in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for The Edge, AZ
How long does it take to sell a home in The Edge, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 98 Days | +553.3% |
Summary: Homes in The Edge had an average of 98 days on market in Apr 2024, up by 553.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in The Edge; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.