Is Waddell, 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, Waddell has remained a Seller's Market.
Housing Prices in Waddell, AZ
How much do homes in Waddell, AZ cost?
Median Sold Price
$469,995
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Waddell was $469,995 in March 2024, down 13.8% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $932.9K | $640K | -31.4% |
3 Bedrooms | $505.2K | $442.4K | -12.4% |
4 Bedrooms | $519.8K | $478K | -8.1% |
5+ Bedrooms | $625K | $485.5K | -22.3% |
Summary: Waddell 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 31.4%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 22.3%.
Housing Supply in Waddell, AZ
How many homes are available in Waddell, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
163 | 168 | +3.1% |
Summary: The Waddell real estate market had 168 homes for sale in March 2024, a 3.1% 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 | 18 | 21 | +16.7% |
3 Bedrooms | 72 | 61 | -15.3% |
4 Bedrooms | 55 | 61 | +10.9% |
5+ Bedrooms | 18 | 25 | +38.9% |
Summary: The Waddell 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 16.7%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 38.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Waddell in March 2024, up by 36.4% month-over-month. Of the 30 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for Waddell, AZ
How long does it take to sell a home in Waddell, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 105 Days | +37.7% |
Summary: Homes in Waddell had an average of 105 days on market in Mar 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in Waddell; 13% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.