Is Adora Trails, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Adora Trails has remained a Seller's Market.
Housing Prices in Adora Trails, AZ
How much do homes in Adora Trails, AZ cost?
Median Sold Price
$655,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Adora Trails was $655,000 in May 2024, up 1.2% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $482.5K | N/A |
3 Bedrooms | $558.4K | $530K | -5.1% |
4 Bedrooms | $635K | $655K | +3.1% |
5+ Bedrooms | $731.2K | $758K | +3.7% |
Summary: Adora Trails housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in Adora Trails, AZ
How many homes are available in Adora Trails, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 28 | -26.3% |
Summary: The Adora Trails real estate market had 28 homes for sale in May 2024, a 26.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 24 | 16 | -33.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Adora Trails 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 decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Adora Trails in May 2024, down by 6.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market for Adora Trails, AZ
How long does it take to sell a home in Adora Trails, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 48 Days | -17.8% |
Summary: Homes in Adora Trails had an average of 48 days on market in May 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Adora Trails; 36% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.