Is Pinetop-Lakeside, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinetop-Lakeside is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pinetop-Lakeside was a Seller's Market.

Key Takeaway

Pinetop-Lakeside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pinetop-Lakeside, AZ

How much do homes in Pinetop-Lakeside, AZ cost?

Median Sold Price

$790,000

$314/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$390,000(+97.5%)

Key Takeaway

Homes in Pinetop-Lakeside have sold for 97.5% more than they did a month ago.

Summary: The median home sold price in Pinetop-Lakeside was $790,000 in April 2024, up 97.5% from last month, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $396K$640K
+61.6%
4 $583.5K-
N/A
5+ -$940K
N/A

Summary: Pinetop-Lakeside housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 61.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pinetop-Lakeside, AZ

How many homes are available in Pinetop-Lakeside, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1923+21.1%

Summary: The Pinetop-Lakeside real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 910
+11.1%
4 77
0.0%
5+ 22
0.0%

Summary: The Pinetop-Lakeside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinetop-Lakeside, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pinetop-Lakeside in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pinetop-Lakeside, AZ

How long does it take to sell a home in Pinetop-Lakeside, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
77 Days30 Days-61.2%

Summary: Homes in Pinetop-Lakeside had an average of 30 days on market in Apr 2024, down by 61.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinetop-Lakeside are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Pinetop-Lakeside; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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