Is Villa de Paz, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Villa de Paz has remained a Seller's Market.
Housing Prices in Villa de Paz, AZ
How much do homes in Villa de Paz, AZ cost?
Median Sold Price
$343,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Villa de Paz was $343,500 in March 2024, up 4.1% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156.2K | $249K | +59.4% |
2 Bedrooms | $265K | $275K | +3.8% |
3 Bedrooms | $361K | $370K | +2.5% |
4 Bedrooms | $414K | $395.6K | -4.4% |
5+ Bedrooms | $440K | - | N/A |
Summary: Villa de Paz housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.4%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.
Housing Supply in Villa de Paz, AZ
How many homes are available in Villa de Paz, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Villa de Paz real estate market had 17 homes for sale in March 2024, a 13.3% 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 | 8 | 7 | -12.5% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Villa de Paz 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 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Villa de Paz in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Villa de Paz, AZ
How long does it take to sell a home in Villa de Paz, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 38 Days | -4.8% |
Summary: Homes in Villa de Paz had an average of 38 days on market in Mar 2024, down by 4.8% 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 March 2024, 3 homes were sold in Villa de Paz; 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.