Is Willow, 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, Willow has remained a Seller's Market.
Housing Prices in Willow, AZ
How much do homes in Willow, AZ cost?
Median Sold Price
$535,833
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Willow was $535,833 in April 2024, down 2% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375K | $355.5K | -5.2% |
3 Bedrooms | $473.4K | $463K | -2.2% |
4 Bedrooms | $617.5K | $615K | -0.4% |
5+ Bedrooms | $790K | $800K | +1.3% |
Summary: Willow 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 5.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
Silverton | $685K | $691K | +0.9% |
Willow | $547K | $535.8K | -2.0% |
Westbrook Village | $425K | $415K | -2.4% |
Housing Supply in Willow, AZ
How many homes are available in Willow, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
170 | 189 | +11.2% |
Summary: The Willow real estate market had 189 homes for sale in April 2024, a 11.2% 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 | 12 | 19 | +58.3% |
3 Bedrooms | 54 | 65 | +20.4% |
4 Bedrooms | 74 | 73 | -1.4% |
5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Willow 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 increased by 58.3%, 3 bedroom homes increased by 20.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 50 | +28.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Willow in April 2024, up by 28.2% month-over-month. Of the 50 sold homes, 54% were sold under asking, 32% were sold at asking, and 14% were sold over asking.
Days on Market for Willow, AZ
How long does it take to sell a home in Willow, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 44 Days | -34.7% |
Summary: Homes in Willow had an average of 44 days on market in Apr 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Willow; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.