Is Venu at Grayhawk, 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, Venu at Grayhawk has remained a Seller's Market.
Housing Prices in Venu at Grayhawk, AZ
How much do homes in Venu at Grayhawk, AZ cost?
Median Sold Price
$480,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Venu at Grayhawk was $480,000 in April 2024, up 4.4% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $385K | +24.2% |
2 Bedrooms | $459.9K | $450K | -2.2% |
3 Bedrooms | $545K | $532K | -2.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Venu at Grayhawk housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.2%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Northern Scottsdale | $1.2M | $1.3M | +9.7% |
Venu at Grayhawk | $459.9K | $480K | +4.4% |
The Edge | $355K | $363.4K | +2.4% |
Grayhawk | $750K | $732.5K | -2.3% |
Housing Supply in Venu at Grayhawk, AZ
How many homes are available in Venu at Grayhawk, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Venu at Grayhawk real estate market had 11 homes for sale in April 2024, a 22.2% increase 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 | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Venu at Grayhawk 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 increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Venu at Grayhawk in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Venu at Grayhawk, AZ
How long does it take to sell a home in Venu at Grayhawk, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 42 Days | -33.3% |
Summary: Homes in Venu at Grayhawk had an average of 42 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Venu at Grayhawk; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.