Is Waddell, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waddell is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Waddell has remained a Seller's Market.

Key Takeaway

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

How much do homes in Waddell, AZ cost?

Median Sold Price

$430,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$91,501(+27.0%)

Key Takeaway

Homes in Waddell have sold for 27% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$425K
N/A
2 $240K$635K
+164.6%
3 $306.7K$396.3K
+29.2%
4 $345.2K$424K
+22.8%
5+ $376.9K$562.5K
+49.2%

Median Sold Price Compared To Nearby Cities

Buckeye
+32.8%
Surprise
+28.4%
Waddell
+27.0%
Glendale
+26.9%

How many homes are available in Waddell, AZ?

Number of Homes For Sale

Oct 2021Nov 2021%
7576+1.3%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 00
0.0%
3 2628
+7.7%
4 3736
-2.7%
5+ 1212
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
1523+53.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waddell, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
43 Days45 Days+5.7%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Waddell has remained consistent over time.

About Waddell, AZ

Homes for sale in Waddell, AZ have reached 76. The number of listings in Waddell, AZ increased by 1.3% between October 2021 and November 2021. Listings spent 45 days on the market in November 2021, and had a median list price of $430,000 during the same period. Between October 2021 and November 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 164.6%, prices of 3 bedrooms properties went up by 29.2%, prices of 4 bedrooms properties went up by 22.8%, 5 bedrooms properties prices increased by 49.2%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 7.7%, 4 bedrooms homes became 2.7% less available, 5 bedrooms homes did not move. In November 2021 more than 11 listings in Waddell, AZ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 8 were sold below.

Related Housing Market Reports