$5,593 Closing Credit*
$471,000
1,718 SqFt
3 Beds
•2 Baths
Jody Anschutz, Fredrick G Anschutz, Listing Office: Tonto Verde Realty
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 September 2023
At the same time last year, Tonto National Forest was a Neutral Market.
Key Takeaway
Tonto National Forest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tonto National Forest, AZ
How much do homes in Tonto National Forest, AZ cost?
Median Sold Price
$1,352,000
$426/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$152,000(+12.7%)
Key Takeaway
Homes in Tonto National Forest have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Tonto National Forest was $1,352,000 in September 2024, up 12.7% from last year, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $875K | - | N/A |
| 2 Bedrooms | $700K | $737.5K | +5.4% |
| 3 Bedrooms | $1.1M | $1.2M | +7.4% |
| 4 Bedrooms | $1.4M | $1.9M | +41.0% |
| 5+ Bedrooms | $2.1M | $3.5M | +65.1% |
Summary: Tonto National Forest housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 41%, and 5+ bedroom homes increased by 65.1%.
Housing Supply in Tonto National Forest, AZ
How many homes are available in Tonto National Forest, AZ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 288 | 330 | +14.6% |
Summary: The Tonto National Forest real estate market had 330 homes for sale in September 2024, a 14.6% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 47 | 55 | +17.0% |
| 3 Bedrooms | 87 | 101 | +16.1% |
| 4 Bedrooms | 116 | 129 | +11.2% |
| 5+ Bedrooms | 37 | 43 | +16.2% |
Summary: The Tonto National Forest housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 16.2%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 36 | 27 | -25.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tonto National Forest, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Tonto National Forest in September 2024, down by 25.0% month-over-month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 106 Days | 112 Days | +6.3% |
Summary: Homes in Tonto National Forest had an average of 112 days on market in Sep 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Tonto National Forest are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 27 homes were sold in Tonto National Forest; 19% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
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The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.