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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wittmann is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Wittmann was a Seller's Market.

Key Takeaway

Wittmann is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Wittmann, AZ cost?

Median Sold Price

$549,450

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$89,450(+19.4%)

Key Takeaway

Homes in Wittmann have sold for 19.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $110K$495K
+350.0%
3 $400K$450K
+12.5%
4 $501K$563.7K
+12.5%
5+ $510K$717.5K
+40.7%

Median Sold Price Compared To Nearby Cities

Wittmann
+19.4%
Surprise
+18.8%
Buckeye
+17.8%
Morristown
+13.2%

How many homes are available in Wittmann, AZ?

Number of Homes For Sale

Oct 2022Nov 2022%
94101+7.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 45
+25.0%
3 3441
+20.6%
4 4948
-2.0%
5+ 66
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
610+66.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wittmann, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
54 Days63 Days+17.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Wittmann, AZ

Wittmann, AZ has 101 homes for sale to choose from. The number of homes for sale in Wittmann, AZ increased by 7.4% between October 2022 and November 2022. The median list price of listings available in November 2022 was $549,450, while the average time on the real estate market was 63 days. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 350%, the cost of 3 bedrooms properties went up by 12.5%, 4 bedrooms properties became 12.5% more expensive, 5 bedrooms properties became 40.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 25%, number of 3 bedrooms homes increased by 20.6%, volume of 4 bedrooms homes went down by 2%, 5 bedrooms homes inventory did not change. In November 2022 more than 0 listings in Wittmann, AZ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below.

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