Is Tartesso West, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tartesso West is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Tartesso West has remained a Seller's Market.

Key Takeaway

Tartesso West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tartesso West, AZ

How much do homes in Tartesso West, AZ cost?

Median Sold Price

$385,500

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,030(-4.9%)

Key Takeaway

Homes in Tartesso West have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Tartesso West was $385,500 in April 2024, down 4.9% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K$350K
-1.4%
4 $416.9K$395K
-5.3%
5+ $455K$465K
+2.2%

Summary: Tartesso West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 2.2%.

Housing Supply in Tartesso West, AZ

How many homes are available in Tartesso West, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7071+1.4%

Summary: The Tartesso West real estate market had 71 homes for sale in April 2024, a 1.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2420
-16.7%
4 3542
+20.0%
5+ 119
-18.2%

Summary: The Tartesso West 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1915-21.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tartesso West, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Tartesso West in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 7% were sold under asking, 60% were sold at asking, and 33% were sold over asking.

Days on Market for Tartesso West, AZ

How long does it take to sell a home in Tartesso West, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
82 Days50 Days-39.4%

Summary: Homes in Tartesso West had an average of 50 days on market in Apr 2024, down by 39.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tartesso West has remained consistent over time.

Summary: During April 2024, 15 homes were sold in Tartesso West; 27% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 7% 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 28 Days Ago

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