Is Elfrida, 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, Elfrida was a Seller's Market.
Housing Prices in Elfrida, AZ
How much do homes in Elfrida, AZ cost?
Median Sold Price
$175,125
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elfrida was $175,125 in April 2024, down 13.3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154.5K | $74.5K | -51.8% |
2 Bedrooms | $255K | $183.5K | -28.0% |
3 Bedrooms | $105K | $183K | +74.3% |
4 Bedrooms | - | $544.5K | N/A |
5+ Bedrooms | $242K | - | N/A |
Summary: Elfrida housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.8%, 2 bedroom homes decreased by 28%, 3 bedroom homes increased by 74.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Elfrida, AZ
How many homes are available in Elfrida, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Summary: The Elfrida real estate market had 21 homes for sale in April 2024, a 31.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elfrida housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Elfrida in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Elfrida, AZ
How long does it take to sell a home in Elfrida, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
149 Days | 133 Days | -10.7% |
Summary: Homes in Elfrida had an average of 133 days on market in Apr 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Elfrida; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.