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 June 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
$1,342,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tonto National Forest was $1,342,000 in June 2024, up 8.8% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $875K | - | N/A |
2 Bedrooms | $701.5K | $745K | +6.2% |
3 Bedrooms | $1.1M | $1.2M | +8.5% |
4 Bedrooms | $1.4M | $1.8M | +30.0% |
5+ Bedrooms | $2.0M | $3.1M | +52.4% |
Summary: Tonto National Forest housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 52.4%.
Housing Supply in Tonto National Forest, AZ
How many homes are available in Tonto National Forest, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
388 | 343 | -11.6% |
Summary: The Tonto National Forest real estate market had 343 homes for sale in June 2024, a 11.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 56 | 47 | -16.1% |
3 Bedrooms | 122 | 97 | -20.5% |
4 Bedrooms | 158 | 151 | -4.4% |
5+ Bedrooms | 51 | 47 | -7.8% |
Summary: The Tonto National Forest housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 7.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
73 | 43 | -41.1% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Tonto National Forest in June 2024, down by 41.1% month-over-month. Of the 43 sold homes, 79% were sold under asking, 14% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
112 Days | 163 Days | +45.5% |
Summary: Homes in Tonto National Forest had an average of 163 days on market in Jun 2024, up by 45.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During June 2024, 43 homes were sold in Tonto National Forest; 9% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.