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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wittmann is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Wittmann has remained a Seller's Market.

Key Takeaway

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

How much do homes in Wittmann, AZ cost?

Median Sold Price

$460,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$93,000(+25.3%)

Key Takeaway

Homes in Wittmann have sold for 25.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $391K-
N/A
2 $263K$110K
-58.2%
3 $347K$405K
+16.7%
4 $384K$501K
+30.5%
5+ $480K$510K
+6.3%

Median Sold Price Compared To Nearby Cities

Tonopah
+34.4%
Buckeye
+32.8%
Surprise
+28.4%
Wittmann
+25.3%
Morristown
+5.6%

How many homes are available in Wittmann, AZ?

Number of Homes For Sale

Oct 2021Nov 2021%
7477+4.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 11
0.0%
3 3031
+3.3%
4 4142
+2.4%
5+ 23
+50.0%

Number of Homes Sold

Oct 2021Nov 2021%
820+150.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 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. 45% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
46 Days54 Days+18.0%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wittmann are selling fast, if you're buying plan to act quickly.

About Wittmann, AZ

There are 77 homes are for sale in Wittmann, AZ real estate market. The number of listings in Wittmann, AZ increased by 4.1% between October 2021 and November 2021. In November 2021, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $460,000. Listing prices have changed in this real estate market between October 2021 and November 2021: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 58.2%, prices of 3 bedrooms properties went up by 16.7%, prices of 4 bedrooms properties increased by 30.5%, 5 bedrooms properties prices increased by 6.3%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes increased by 3.3%, 4 bedrooms homes inventory increased by 2.4%, 5 bedrooms homes inventory increased by 50%. In November 2021 more than 4 listings in Wittmann, AZ were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 9 were sold below.

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