Is White Tank Foothills, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Tank Foothills is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, White Tank Foothills has remained a Seller's Market.

Key Takeaway

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

Housing Prices in White Tank Foothills, AZ

How much do homes in White Tank Foothills, AZ cost?

Median Sold Price

$455,497

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$57,002(-11.1%)

Key Takeaway

Homes in White Tank Foothills have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in White Tank Foothills was $455,497 in April 2024, down 11.1% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $464.9K$444.9K
-4.3%
4 $454.9K$451K
-0.9%
5+ $625K$520K
-16.8%

Summary: White Tank Foothills 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 did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 16.8%.

Median Sold Price Compared To Nearby Neighborhoods

Yucca
-0.1%
Cortessa
-7.7%
White Tank Foothills
-11.1%
Romola of Arizona
-11.9%

Housing Supply in White Tank Foothills, AZ

How many homes are available in White Tank Foothills, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The White Tank Foothills real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 77
0.0%
5+ 44
0.0%

Summary: The White Tank Foothills 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Tank Foothills, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in White Tank Foothills in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for White Tank Foothills, AZ

How long does it take to sell a home in White Tank Foothills, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
87 Days94 Days+8.0%

Summary: Homes in White Tank Foothills had an average of 94 days on market in Apr 2024, up by 8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in White Tank Foothills are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in White Tank Foothills; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in White Tank Foothills, AZ

Nearby Markets to White Tank Foothills, AZ