Is Coconino County, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coconino County was a Seller's Market.
Housing Prices in Coconino County, AZ
How much do homes in Coconino County, AZ cost?
Median Sold Price
$732,250
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coconino County was $732,250 in April 2024, up 4.6% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $283K | $300K | +6.0% |
2 Bedrooms | $412.5K | $462.5K | +12.1% |
3 Bedrooms | $650K | $695K | +6.9% |
4 Bedrooms | $992.5K | $1.0M | +1.9% |
5+ Bedrooms | $1.3M | $1.3M | +2.6% |
Summary: Coconino County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Counties
Yavapai County | $535.2K | $585.9K | +9.5% |
Navajo County | $425K | $464.9K | +9.4% |
Gila County | $409.4K | $446.9K | +9.1% |
Coconino County | $700K | $732.2K | +4.6% |
Housing Supply in Coconino County, AZ
How many homes are available in Coconino County, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
149 | 174 | +16.8% |
Summary: The Coconino County real estate market had 174 homes for sale in April 2024, a 16.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 55 | 66 | +20.0% |
4 Bedrooms | 41 | 51 | +24.4% |
5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The Coconino County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Coconino County in April 2024, down by 20.7% month-over-month. Of the 23 sold homes, 70% were sold under asking, 22% were sold at asking, and 9% were sold over asking.
Days on Market for Coconino County, AZ
How long does it take to sell a home in Coconino County, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 81 Days | +3.0% |
Summary: Homes in Coconino County had an average of 81 days on market in Apr 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Coconino County; 26% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.