Is Wittmann, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Wittmann was a Neutral Market.
Key Takeaway
Wittmann is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wittmann, AZ
How much do homes in Wittmann, AZ cost?
Median Sold Price
$560,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Wittmann have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Wittmann was $560,000 in November 2023, up 1.9% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $495K | $512.5K | +3.5% |
| 3 Bedrooms | $450K | $464K | +3.1% |
| 4 Bedrooms | $563.7K | $586K | +3.9% |
| 5+ Bedrooms | $717.5K | $670K | -6.6% |
Summary: Wittmann housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Morristown | $251.7K | $503.4K | +100.0% |
| Wittmann | $549.4K | $560K | +1.9% |
| Surprise | $453.2K | $424.7K | -6.3% |
| Buckeye | $431.5K | $393.5K | -8.8% |
Housing Supply in Wittmann, AZ
How many homes are available in Wittmann, AZ?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 87 | 93 | +6.9% |
Summary: The Wittmann real estate market had 93 homes for sale in November 2023, a 6.9% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 45 | 48 | +6.7% |
| 4 Bedrooms | 37 | 37 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Wittmann housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wittmann, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Wittmann in November 2023, up by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Wittmann, AZ
How long does it take to sell a home in Wittmann, AZ?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 63 Days | 112 Days | +77.0% |
Summary: Homes in Wittmann had an average of 112 days on market in Nov 2023, up by 77% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wittmann are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 13 homes were sold in Wittmann; 15% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 69% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2023 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved.