Is Vistancia South, 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, Vistancia South was a Seller's Market.
Housing Prices in Vistancia South, AZ
How much do homes in Vistancia South, AZ cost?
Median Sold Price
$635,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Vistancia South was $635,000 in March 2024, down 2.3% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $659.5K | $640K | -3.0% |
3 Bedrooms | $654K | $623.8K | -4.6% |
4 Bedrooms | $600K | $598K | -0.3% |
5+ Bedrooms | $759K | $725K | -4.5% |
Summary: Vistancia South 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 decreased by 3%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
Vistancia South | $650K | $635K | -2.3% |
Trilogy at Vistancia | $680K | $659K | -3.1% |
Trilogy West at Vistancia | $740K | $716.2K | -3.2% |
The Village at Vistancia | $590K | $550K | -6.8% |
Housing Supply in Vistancia South, AZ
How many homes are available in Vistancia South, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
170 | 204 | +20.0% |
Summary: The Vistancia South real estate market had 204 homes for sale in March 2024, a 20.0% 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 | 58 | 72 | +24.1% |
3 Bedrooms | 53 | 58 | +9.4% |
4 Bedrooms | 49 | 60 | +22.4% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Vistancia South 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 24.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Vistancia South in March 2024, the same as the previous month. Of the 31 sold homes, 52% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for Vistancia South, AZ
How long does it take to sell a home in Vistancia South, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 50 Days | -36.8% |
Summary: Homes in Vistancia South had an average of 50 days on market in Mar 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Vistancia South; 39% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.