Is Sahuaro, 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, Sahuaro has remained a Seller's Market.
Key Takeaway
Sahuaro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sahuaro, AZ
How much do homes in Sahuaro, AZ cost?
Median Sold Price
$417,125
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sahuaro have sold for 3% less than they did a year ago.
Summary: The median home sold price in Sahuaro was $417,125 in April 2024, down 3% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $189.5K | +8.3% |
| 2 Bedrooms | $254K | $257.5K | +1.4% |
| 3 Bedrooms | $419K | $399.9K | -4.6% |
| 4 Bedrooms | $500K | $473.5K | -5.3% |
| 5+ Bedrooms | $634.4K | $727.5K | +14.7% |
Summary: Sahuaro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Pioneer | $411K | $402.2K | -2.1% |
| Sahuaro | $430K | $417.1K | -3.0% |
Housing Supply in Sahuaro, AZ
How many homes are available in Sahuaro, AZ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 118 | 137 | +16.1% |
Summary: The Sahuaro real estate market had 137 homes for sale in April 2024, a 16.1% 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 | 17 | 17 | 0.0% |
| 3 Bedrooms | 48 | 55 | +14.6% |
| 4 Bedrooms | 41 | 50 | +22.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Sahuaro 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 remained the same, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sahuaro, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Sahuaro in April 2024, up by 14.8% month-over-month. Of the 31 sold homes, 26% were sold under asking, 32% were sold at asking, and 42% were sold over asking.
Days on Market for Sahuaro, AZ
How long does it take to sell a home in Sahuaro, AZ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 41 Days | -40.7% |
Summary: Homes in Sahuaro had an average of 41 days on market in Apr 2024, down by 40.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sahuaro are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in Sahuaro; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.