Is Tonto National Forest, 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, Tonto National Forest was a Seller's Market.
Housing Prices in Tonto National Forest, AZ
How much do homes in Tonto National Forest, AZ cost?
Median Sold Price
$1,350,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tonto National Forest was $1,350,000 in April 2024, up 11.2% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $875K | - | N/A |
2 Bedrooms | $725K | $710K | -2.1% |
3 Bedrooms | $1.1M | $1.3M | +12.8% |
4 Bedrooms | $1.4M | $1.7M | +22.7% |
5+ Bedrooms | $1.7M | $3.2M | +89.7% |
Summary: Tonto National Forest 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 decreased by 2.1%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 89.7%.
Housing Supply in Tonto National Forest, AZ
How many homes are available in Tonto National Forest, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
445 | 469 | +5.4% |
Summary: The Tonto National Forest real estate market had 469 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 74 | 75 | +1.4% |
3 Bedrooms | 154 | 151 | -1.9% |
4 Bedrooms | 159 | 179 | +12.6% |
5+ Bedrooms | 58 | 63 | +8.6% |
Summary: The Tonto National Forest 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 1.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 55 | +57.1% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Tonto National Forest in April 2024, up by 57.1% month-over-month. Of the 55 sold homes, 75% were sold under asking, 18% were sold at asking, and 7% were sold over asking.
Days on Market for Tonto National Forest, AZ
How long does it take to sell a home in Tonto National Forest, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 98 Days | +5.8% |
Summary: Homes in Tonto National Forest had an average of 98 days on market in Apr 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 55 homes were sold in Tonto National Forest; 20% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.