Is Westbrook Village, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Westbrook Village has remained a Seller's Market.
Housing Prices in Westbrook Village, AZ
How much do homes in Westbrook Village, AZ cost?
Median Sold Price
$415,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Westbrook Village was $415,000 in April 2024, down 2.4% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $201K | N/A |
2 Bedrooms | $415K | $395K | -4.8% |
3 Bedrooms | $512.5K | $540K | +5.4% |
4 Bedrooms | $630K | $560K | -11.1% |
5+ Bedrooms | - | - | N/A |
Summary: Westbrook Village housing prices by bedroom type for April 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 increased by 5.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes did not change.
Housing Supply in Westbrook Village, AZ
How many homes are available in Westbrook Village, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 72 | +4.3% |
Summary: The Westbrook Village real estate market had 72 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 53 | 52 | -1.9% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westbrook Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Westbrook Village in April 2024, down by 10.5% month-over-month. Of the 17 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for Westbrook Village, AZ
How long does it take to sell a home in Westbrook Village, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 69 Days | -1.5% |
Summary: Homes in Westbrook Village had an average of 69 days on market in Apr 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Westbrook Village; 29% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.