Is Windgate Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Windgate Ranch was a Neutral Market.
Housing Prices in Windgate Ranch, AZ
How much do homes in Windgate Ranch, AZ cost?
Median Sold Price
$1,906,250
$519/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Windgate Ranch was $1,906,250 in April 2024, up 22.2% from last year, and the median price per square foot was $519.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $854K | - | N/A |
3 Bedrooms | $1.2M | $1.7M | +36.3% |
4 Bedrooms | $1.6M | $1.8M | +9.2% |
5+ Bedrooms | $2.5M | $2.4M | -2.0% |
Summary: Windgate Ranch 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 increased by 36.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
DC Ranch | $1.4M | $1.8M | +26.7% |
Windgate Ranch | $1.5M | $1.9M | +22.2% |
Northern Scottsdale | $1.2M | $1.3M | +9.7% |
Silverleaf | $3.7M | $4.0M | +5.4% |
McDowell Mountain Ranch | $1.0M | $1.0M | +1.5% |
Housing Supply in Windgate Ranch, AZ
How many homes are available in Windgate Ranch, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Summary: The Windgate Ranch real estate market had 16 homes for sale in April 2024, a 33.3% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 6 | +200.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Windgate Ranch 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 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Windgate Ranch in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Windgate Ranch, AZ
How long does it take to sell a home in Windgate Ranch, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 94 Days | -9.3% |
Summary: Homes in Windgate Ranch had an average of 94 days on market in Apr 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Windgate Ranch; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.