Is North Pinal, 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, North Pinal has remained a Seller's Market.
Housing Prices in North Pinal, AZ
How much do homes in North Pinal, AZ cost?
Median Sold Price
$419,986
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Pinal was $419,986 in April 2024, down 3.1% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $151.4K | -8.2% |
2 Bedrooms | $411.6K | $431.3K | +4.8% |
3 Bedrooms | $409.8K | $395K | -3.6% |
4 Bedrooms | $460K | $441K | -4.1% |
5+ Bedrooms | $520K | $501.7K | -3.5% |
Summary: North Pinal housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
Superior | $187.5K | $237.5K | +26.7% |
Queen Creek | $612.6K | $612.7K | 0.0% |
San Tan Valley | $430.2K | $420.3K | -2.3% |
North Pinal | $433.5K | $419.9K | -3.1% |
Florence | $362K | $339.9K | -6.1% |
Housing Supply in North Pinal, AZ
How many homes are available in North Pinal, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,353 | 1,344 | -0.7% |
Summary: The North Pinal real estate market had 1,344 homes for sale in April 2024, a 0.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 7 | -30.0% |
2 Bedrooms | 215 | 200 | -7.0% |
3 Bedrooms | 576 | 566 | -1.7% |
4 Bedrooms | 412 | 440 | +6.8% |
5+ Bedrooms | 140 | 131 | -6.4% |
Summary: The North Pinal housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 6.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
296 | 298 | +0.7% |
Asking Price vs. Sold Price
149 Homes Were Sold
Under Asking
95 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 298 homes were sold or pending in North Pinal in April 2024, up by 0.7% month-over-month. Of the 298 sold homes, 50% were sold under asking, 32% were sold at asking, and 18% were sold over asking.
Days on Market for North Pinal, AZ
How long does it take to sell a home in North Pinal, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 60 Days | -23.4% |
Summary: Homes in North Pinal had an average of 60 days on market in Apr 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
111 Homes Were Sold
Under 30 Days
132 Homes Were Sold
In 30 - 90 Days
55 Homes Were Sold
Over 90 Days
Summary: During April 2024, 298 homes were sold in North Pinal; 37% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.