Is Via Linda Corridor, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Via Linda Corridor is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Via Linda Corridor has remained a Seller's Market.

Key Takeaway

Via Linda Corridor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Via Linda Corridor, AZ

How much do homes in Via Linda Corridor, AZ cost?

Median Sold Price

$529,750

$363/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,416(+0.8%)

Key Takeaway

Homes in Via Linda Corridor have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Via Linda Corridor was $529,750 in April 2024, up 0.8% from last year, and the median price per square foot was $363.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $287K$285K
-0.7%
2 $419.9K$408K
-2.9%
3 $650K$615K
-5.4%
4 $1.1M$1.2M
+6.9%
5+ $1.8M$1.7M
-2.9%

Summary: Via Linda Corridor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 2.9%.

Housing Supply in Via Linda Corridor, AZ

How many homes are available in Via Linda Corridor, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
116111-4.3%

Summary: The Via Linda Corridor real estate market had 111 homes for sale in April 2024, a 4.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 4847
-2.1%
3 3634
-5.6%
4 1113
+18.2%
5+ 1713
-23.5%

Summary: The Via Linda Corridor 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 2.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3230-6.3%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Via Linda Corridor, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Via Linda Corridor in April 2024, down by 6.3% month-over-month. Of the 30 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for Via Linda Corridor, AZ

How long does it take to sell a home in Via Linda Corridor, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days66 Days+50.2%

Summary: Homes in Via Linda Corridor had an average of 66 days on market in Apr 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Via Linda Corridor are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 30 homes were sold in Via Linda Corridor; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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