Is Apache Junction, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Apache Junction has remained a Seller's Market.
Housing Prices in Apache Junction, AZ
How much do homes in Apache Junction, AZ cost?
Median Sold Price
$389,500
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Apache Junction was $389,500 in April 2024, up 2.5% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $152.9K | -7.3% |
2 Bedrooms | $317.5K | $312K | -1.7% |
3 Bedrooms | $394.4K | $390K | -1.1% |
4 Bedrooms | $469.4K | $458.7K | -2.3% |
5+ Bedrooms | $607K | $492.7K | -18.8% |
Summary: Apache Junction housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 18.8%.
Median Sold Price Compared To Nearby Cities
Apache Junction | $380K | $389.5K | +2.5% |
Mesa | $439.8K | $448.2K | +1.9% |
North Pinal | $433.5K | $419.9K | -3.1% |
Housing Supply in Apache Junction, AZ
How many homes are available in Apache Junction, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
200 | 187 | -6.5% |
Summary: The Apache Junction real estate market had 187 homes for sale in April 2024, a 6.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 6 | -33.3% |
2 Bedrooms | 38 | 33 | -13.2% |
3 Bedrooms | 97 | 93 | -4.1% |
4 Bedrooms | 41 | 41 | 0.0% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Apache Junction housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 50 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Apache Junction in April 2024, the same as the previous month. Of the 50 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Apache Junction, AZ
How long does it take to sell a home in Apache Junction, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 43 Days | -23.5% |
Summary: Homes in Apache Junction had an average of 43 days on market in Apr 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Apache Junction; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.