Is Pine, 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, Pine was a Buyer's Market.
Housing Prices in Pine, AZ
How much do homes in Pine, AZ cost?
Median Sold Price
$480,000
$338/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Pine was $480,000 in April 2024, the same as last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $287K | -13.0% |
2 Bedrooms | $435K | $445K | +2.3% |
3 Bedrooms | $537K | $590K | +9.9% |
4 Bedrooms | $703.5K | $627.5K | -10.8% |
5+ Bedrooms | $575K | $759.9K | +32.2% |
Summary: Pine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 32.2%.
Median Sold Price Compared To Nearby Cities
Pine | $480K | $480K | 0.0% |
Happy Jack | $570K | $555K | -2.6% |
Housing Supply in Pine, AZ
How many homes are available in Pine, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 61 | +24.5% |
Summary: The Pine real estate market had 61 homes for sale in April 2024, a 24.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pine 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 9.5%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Pine in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pine, AZ
How long does it take to sell a home in Pine, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
144 Days | 83 Days | -42.6% |
Summary: Homes in Pine had an average of 83 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Pine; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.