Is Trilogy at Power Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Trilogy at Power Ranch has remained a Seller's Market.
Housing Prices in Trilogy at Power Ranch, AZ
How much do homes in Trilogy at Power Ranch, AZ cost?
Median Sold Price
$530,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Trilogy at Power Ranch was $530,000 in April 2024, down 3.5% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $522.5K | $500K | -4.3% |
3 Bedrooms | $605K | $545K | -9.9% |
4 Bedrooms | - | $675K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Trilogy at Power Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Sossaman Estates | $790.5K | $817.9K | +3.5% |
Power Ranch | $527.5K | $527.5K | 0.0% |
Trilogy at Power Ranch | $549K | $530K | -3.5% |
Meadowbrook | $584K | $515K | -11.8% |
Housing Supply in Trilogy at Power Ranch, AZ
How many homes are available in Trilogy at Power Ranch, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 34 | -19.0% |
Summary: The Trilogy at Power Ranch real estate market had 34 homes for sale in April 2024, a 19.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 32 | 26 | -18.8% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Trilogy at Power Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Trilogy at Power Ranch in April 2024, down by 18.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Trilogy at Power Ranch, AZ
How long does it take to sell a home in Trilogy at Power Ranch, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 51 Days | -27.4% |
Summary: Homes in Trilogy at Power Ranch had an average of 51 days on market in Apr 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Trilogy at Power Ranch; 31% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.