Is Tonto National Forest, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Tonto National Forest was a Seller's Market.
Housing Prices in Tonto National Forest, AZ
How much do homes in Tonto National Forest, AZ cost?
Median Sold Price
$1,350,000
$426/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tonto National Forest was $1,350,000 in March 2024, up 12.7% from last year, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $875K | - | N/A |
2 Bedrooms | $750K | $699K | -6.8% |
3 Bedrooms | $1.1M | $1.3M | +18.0% |
4 Bedrooms | $1.4M | $1.6M | +17.5% |
5+ Bedrooms | $2.0M | $3.1M | +51.2% |
Summary: Tonto National Forest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 51.2%.
Housing Supply in Tonto National Forest, AZ
How many homes are available in Tonto National Forest, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
449 | 466 | +3.8% |
Summary: The Tonto National Forest real estate market had 466 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 72 | 75 | +4.2% |
3 Bedrooms | 156 | 162 | +3.8% |
4 Bedrooms | 167 | 169 | +1.2% |
5+ Bedrooms | 54 | 60 | +11.1% |
Summary: The Tonto National Forest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 35 | -32.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Tonto National Forest in March 2024, down by 32.7% month-over-month. Of the 35 sold homes, 77% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Tonto National Forest, AZ
How long does it take to sell a home in Tonto National Forest, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
121 Days | 101 Days | -16.9% |
Summary: Homes in Tonto National Forest had an average of 101 days on market in Mar 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Tonto National Forest; 23% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.