Is Blue Horizons, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Horizons is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Blue Horizons has remained a Seller's Market.

Key Takeaway

Blue Horizons is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blue Horizons, AZ

How much do homes in Blue Horizons, AZ cost?

Median Sold Price

$418,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$22,000(-5.0%)

Key Takeaway

Homes in Blue Horizons have sold for 5% less than they did a year ago.

Summary: The median home sold price in Blue Horizons was $418,000 in April 2024, down 5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $420K$380K
-9.5%
4 $460K$430K
-6.5%
5+ $535K$474.9K
-11.2%

Summary: Blue Horizons housing prices by bedroom type for April 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 9.5%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Neighborhoods

Blue Horizons
-5.0%
Vista de Montana
-5.1%

Housing Supply in Blue Horizons, AZ

How many homes are available in Blue Horizons, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3337+12.1%

Summary: The Blue Horizons real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1314
+7.7%
4 1720
+17.6%
5+ 33
0.0%

Summary: The Blue Horizons housing inventory by bedroom type for April 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 7.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Horizons, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Blue Horizons in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Blue Horizons, AZ

How long does it take to sell a home in Blue Horizons, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
117 Days74 Days-36.1%

Summary: Homes in Blue Horizons had an average of 74 days on market in Apr 2024, down by 36.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blue Horizons has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Blue Horizons; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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