Is Troon North, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Troon North was a Seller's Market.
Housing Prices in Troon North, AZ
How much do homes in Troon North, AZ cost?
Median Sold Price
$980,000
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Troon North was $980,000 in March 2024, up 1% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $711K | $700K | -1.5% |
3 Bedrooms | $937.5K | $1.0M | +10.9% |
4 Bedrooms | $1.8M | $1.6M | -9.8% |
5+ Bedrooms | $3.2M | $3.0M | -5.4% |
Summary: Troon North housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 5.4%.
Median Sold Price Compared To Nearby Neighborhoods
Candlewood Estates | $1.7M | $1.8M | +2.7% |
Troon North | $970K | $980K | +1.0% |
Housing Supply in Troon North, AZ
How many homes are available in Troon North, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 71 | +9.2% |
Summary: The Troon North real estate market had 71 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 18 | 25 | +38.9% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Troon North housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Troon North in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Troon North, AZ
How long does it take to sell a home in Troon North, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 100 Days | +33.9% |
Summary: Homes in Troon North had an average of 100 days on market in Mar 2024, up by 33.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Troon North; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.