Is Val Vista Lakes, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Val Vista Lakes was a Seller's Market.
Housing Prices in Val Vista Lakes, AZ
How much do homes in Val Vista Lakes, AZ cost?
Median Sold Price
$659,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Val Vista Lakes was $659,000 in April 2024, up 21.5% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $280K | +1.8% |
2 Bedrooms | $375K | $377K | 0.5% |
3 Bedrooms | $500.7K | $596K | +19.0% |
4 Bedrooms | $620.5K | $860K | +38.6% |
5+ Bedrooms | $787.5K | $850K | +7.9% |
Summary: Val Vista Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 38.6%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in Val Vista Lakes, AZ
How many homes are available in Val Vista Lakes, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Summary: The Val Vista Lakes real estate market had 30 homes for sale in April 2024, a 3.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Val Vista Lakes 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Val Vista Lakes in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Val Vista Lakes, AZ
How long does it take to sell a home in Val Vista Lakes, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 31 Days | -56.8% |
Summary: Homes in Val Vista Lakes had an average of 31 days on market in Apr 2024, down by 56.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Val Vista Lakes; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.