Is Valley of the Sun, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Valley of the Sun was a Seller's Market.
Housing Prices in Valley of the Sun, CO
How much do homes in Valley of the Sun, CO cost?
Median Sold Price
$818,750
$494/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Valley of the Sun was $818,750 in May 2024, down 13.6% from last month, and the median price per square foot was $494.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $818.7K | N/A |
4 Bedrooms | $947.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Valley of the Sun housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Valley of the Sun, CO
How many homes are available in Valley of the Sun, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Summary: The Valley of the Sun real estate market had 18 homes for sale in May 2024, a 63.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 13 | +116.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Valley of the Sun housing inventory by bedroom type for May 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 116.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Valley of the Sun in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Valley of the Sun, CO
How long does it take to sell a home in Valley of the Sun, CO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 Days | 125 Days | +52.1% |
Summary: Homes in Valley of the Sun had an average of 125 days on market in May 2024, up by 52.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Valley of the Sun; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.