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 February 2023
Since last year, Tonto National Forest has remained a Buyer'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
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Tonto National Forest was $1,350,000 in February 2024, up 14% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $875K | N/A |
2 Bedrooms | $779K | $694K | -10.9% |
3 Bedrooms | $1.1M | $1.3M | +18.0% |
4 Bedrooms | $1.4M | $1.5M | +13.2% |
5+ Bedrooms | $2.1M | $3.0M | +42.9% |
Summary: Tonto National Forest housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 42.9%.
Housing Supply in Tonto National Forest, AZ
How many homes are available in Tonto National Forest, AZ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
405 | 452 | +11.6% |
Summary: The Tonto National Forest real estate market had 452 homes for sale in February 2024, a 11.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 58 | 70 | +20.7% |
3 Bedrooms | 146 | 159 | +8.9% |
4 Bedrooms | 148 | 167 | +12.8% |
5+ Bedrooms | 53 | 56 | +5.7% |
Summary: The Tonto National Forest housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 48 | +77.8% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Tonto National Forest in February 2024, up by 77.8% month-over-month. Of the 48 sold homes, 73% were sold under asking, 21% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
106 Days | 141 Days | +32.6% |
Summary: Homes in Tonto National Forest had an average of 141 days on market in Feb 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During February 2024, 48 homes were sold in Tonto National Forest; 42% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.