Is Yavapai County, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Yavapai County was a Seller's Market.
Key Takeaway
Yavapai County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Yavapai County, AZ
How much do homes in Yavapai County, AZ cost?
Median Sold Price
$575,600
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Yavapai County have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Yavapai County was $575,600 in March 2024, up 6.6% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.7K | $305K | +13.1% |
| 2 Bedrooms | $399.5K | $412.5K | +3.3% |
| 3 Bedrooms | $550.3K | $578.4K | +5.1% |
| 4 Bedrooms | $675K | $750K | +11.1% |
| 5+ Bedrooms | $1.0M | $868.2K | -13.8% |
Summary: Yavapai County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 13.8%.
Median Sold Price Compared To Nearby Counties
| Gila County | $409.8K | $449.4K | +9.7% |
| Yavapai County | $539.9K | $575.6K | +6.6% |
| Coconino County | $700.8K | $729K | +4.0% |
| Maricopa County | $471.7K | $469.8K | -0.4% |
Housing Supply in Yavapai County, AZ
How many homes are available in Yavapai County, AZ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 397 | 468 | +17.9% |
Summary: The Yavapai County real estate market had 468 homes for sale in March 2024, a 17.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 66 | 75 | +13.6% |
| 3 Bedrooms | 203 | 243 | +19.7% |
| 4 Bedrooms | 90 | 104 | +15.6% |
| 5+ Bedrooms | 30 | 37 | +23.3% |
Summary: The Yavapai County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 23.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 62 | 72 | +16.1% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yavapai County, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in Yavapai County in March 2024, up by 16.1% month-over-month. Of the 72 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for Yavapai County, AZ
How long does it take to sell a home in Yavapai County, AZ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 82 Days | 74 Days | -9.9% |
Summary: Homes in Yavapai County had an average of 74 days on market in Mar 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Yavapai County has remained consistent over time.
Summary: During March 2024, 72 homes were sold in Yavapai County; 29% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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