Is Waddell, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$485,949
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Waddell was $485,949 in June 2024, down 2.1% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $725K | $690K | -4.8% |
3 Bedrooms | $480K | $440K | -8.3% |
4 Bedrooms | $487.9K | $504.9K | +3.5% |
5+ Bedrooms | $552.5K | $515.4K | -6.7% |
Summary: Waddell housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in Waddell, AZ
How many homes are available in Waddell, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
189 | 188 | -0.5% |
Summary: The Waddell real estate market had 188 homes for sale in June 2024, a 0.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 16 | -11.1% |
3 Bedrooms | 74 | 69 | -6.8% |
4 Bedrooms | 64 | 66 | +3.1% |
5+ Bedrooms | 33 | 37 | +12.1% |
Summary: The Waddell housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 | 40 | +25.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Waddell in June 2024, up by 25.0% month-over-month. Of the 40 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
61 Days | 63 Days | +2.1% |
Summary: Homes in Waddell had an average of 63 days on market in Jun 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During June 2024, 40 homes were sold in Waddell; 33% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.