Is Troon Village, 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 Village was a Seller's Market.
Housing Prices in Troon Village, AZ
How much do homes in Troon Village, AZ cost?
Median Sold Price
$1,447,500
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Troon Village was $1,447,500 in March 2024, up 16.3% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $770K | $909K | +18.1% |
3 Bedrooms | $1.2M | $1.3M | +10.4% |
4 Bedrooms | $1.7M | $1.8M | +3.5% |
5+ Bedrooms | $2.0M | $4.1M | +107.5% |
Summary: Troon Village 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 increased by 18.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 107.5%.
Housing Supply in Troon Village, AZ
How many homes are available in Troon Village, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 65 | +14.0% |
Summary: The Troon Village real estate market had 65 homes for sale in March 2024, a 14.0% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 16 | 22 | +37.5% |
4 Bedrooms | 30 | 31 | +3.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Troon Village 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 increased by 25%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Troon Village in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Troon Village, AZ
How long does it take to sell a home in Troon Village, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
87 Days | 65 Days | -25.5% |
Summary: Homes in Troon Village had an average of 65 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Troon Village; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.