Is Estrella, 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, Estrella has remained a Seller's Market.
Housing Prices in Estrella, AZ
How much do homes in Estrella, AZ cost?
Median Sold Price
$390,359
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Estrella was $390,359 in April 2024, down 2.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | $228K | +56.2% |
2 Bedrooms | $275K | $276K | 0.4% |
3 Bedrooms | $375.4K | $370.2K | -1.4% |
4 Bedrooms | $415K | $405K | -2.4% |
5+ Bedrooms | $460K | $461.4K | 0.3% |
Summary: Estrella housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.2%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Neighborhoods
Estrella | $399.7K | $390.3K | -2.4% |
Riverbend | $362.5K | $331K | -8.7% |
Housing Supply in Estrella, AZ
How many homes are available in Estrella, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
262 | 255 | -2.7% |
Summary: The Estrella real estate market had 255 homes for sale in April 2024, a 2.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 113 | 117 | +3.5% |
4 Bedrooms | 108 | 96 | -11.1% |
5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Estrella housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 75 | +5.6% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Estrella in April 2024, up by 5.6% month-over-month. Of the 75 sold homes, 35% were sold under asking, 35% were sold at asking, and 31% were sold over asking.
Days on Market for Estrella, AZ
How long does it take to sell a home in Estrella, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 47 Days | -25.6% |
Summary: Homes in Estrella had an average of 47 days on market in Apr 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 75 homes were sold in Estrella; 41% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.