Is Sundance, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sundance has remained a Seller's Market.
Housing Prices in Sundance, AZ
How much do homes in Sundance, AZ cost?
Median Sold Price
$377,250
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sundance was $377,250 in May 2024, down 1.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $367.2K | $360K | -2.0% |
3 Bedrooms | $360K | $350K | -2.8% |
4 Bedrooms | $399.9K | $392K | -2.0% |
5+ Bedrooms | $459.5K | $466K | +1.4% |
Summary: Sundance housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
Windmill Village | $415K | $422K | +1.7% |
Sundance | $381.5K | $377.2K | -1.1% |
Watson Estates | $394K | $357K | -9.4% |
Housing Supply in Sundance, AZ
How many homes are available in Sundance, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 78 | -15.2% |
Summary: The Sundance real estate market had 78 homes for sale in May 2024, a 15.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 25 | 20 | -20.0% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 37 | 33 | -10.8% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Sundance housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Sundance in May 2024, down by 4.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 45% were sold at asking, and 23% were sold over asking.
Days on Market for Sundance, AZ
How long does it take to sell a home in Sundance, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
88 Days | 65 Days | -25.9% |
Summary: Homes in Sundance had an average of 65 days on market in May 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Sundance; 41% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.