Is Tonto National Forest, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tonto National Forest is a buyer's market

Buyer's
Market

Difference Since December 2021

At the same time last year, Tonto National Forest was a Seller's 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.

How much do homes in Tonto National Forest, AZ cost?

Median Sold Price

$1,181,786

$391/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$131,827(+12.6%)

Key Takeaway

Homes in Tonto National Forest have sold for 12.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $350K-
N/A
2 $590K$725K
+22.9%
3 $973.7K$1.1M
+13.0%
4 $1.3M$1.3M
+3.1%
5+ $1.6M$2.2M
+37.8%

Median Sold Price Compared To Nearby Cities

Fort Mcdowell
+25.8%
Tonto National Forest
+12.6%

How many homes are available in Tonto National Forest, AZ?

Number of Homes For Sale

Nov 2022Dec 2022%
316314-0.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 3534
-2.9%
3 9695
-1.0%
4 133132
-0.8%
5+ 5152
+2.0%

Number of Homes Sold

Nov 2022Dec 2022%
3438+11.8%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tonto National Forest, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
83 Days86 Days+4.2%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tonto National Forest has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tonto National Forest, AZ

There are 314 homes are for sale in Tonto National Forest, AZ real estate market. The inventory of homes for sale in Tonto National Forest, AZ between November 2022 and December 2022 decreased by 0.6%. Listings spent 86 days on the market in December 2022, and had a median list price of $1,181,786 during the same period. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 22.9%, 3 bedrooms properties prices increased by 13%, 4 bedrooms properties prices increased by 3.1%, 5 bedrooms properties became 37.8% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 2.9%, volume of 3 bedrooms homes went down by 1%, the quantity of 4 bedrooms homes went down by 0.8%, volume of 5 bedrooms homes went up by 2%. In December 2022 more than 9 listings in Tonto National Forest, AZ were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 21 were sold below.

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