Is The Fairways at Arrowhead, 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 Fairways at Arrowhead has remained a Seller's Market.
Housing Prices in The Fairways at Arrowhead, AZ
How much do homes in The Fairways at Arrowhead, AZ cost?
Median Sold Price
$358,500
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Fairways at Arrowhead was $358,500 in April 2024, up 3.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $295K | -7.8% |
2 Bedrooms | $347K | $358.5K | +3.3% |
3 Bedrooms | - | $391.9K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: The Fairways at Arrowhead housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
The Fairways at Arrowhead | $345K | $358.5K | +3.9% |
Cholla | $555K | $547.3K | -1.4% |
Arrowhead Phase I | $515K | $471K | -8.5% |
Housing Supply in The Fairways at Arrowhead, AZ
How many homes are available in The Fairways at Arrowhead, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Summary: The The Fairways at Arrowhead real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Fairways at Arrowhead housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 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 |
---|---|---|
2 | 1 | -50.0% |
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 Fairways at Arrowhead in April 2024, down by 50.0% 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 Fairways at Arrowhead, AZ
How long does it take to sell a home in The Fairways at Arrowhead, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 3 Days | -40.0% |
Summary: Homes in The Fairways at Arrowhead had an average of 3 days on market in Apr 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in The Fairways at Arrowhead; 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.