Is Yavapai County, 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, Yavapai County was a Seller's Market.
Key Takeaway
Yavapai County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Yavapai County, AZ
How much do homes in Yavapai County, AZ cost?
Median Sold Price
$585,937
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Yavapai County have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Yavapai County was $585,937 in April 2024, up 9.5% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.7K | $335K | +24.2% |
| 2 Bedrooms | $400K | $406.8K | +1.7% |
| 3 Bedrooms | $548.3K | $587.5K | +7.1% |
| 4 Bedrooms | $665K | $761.2K | +14.5% |
| 5+ Bedrooms | $1.0M | $892.7K | -10.7% |
Summary: Yavapai County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Counties
| Yavapai County | $535.2K | $585.9K | +9.5% |
| Gila County | $409.4K | $446.9K | +9.1% |
| Coconino County | $700K | $732.2K | +4.6% |
| Maricopa County | $465.8K | $473.7K | +1.7% |
Housing Supply in Yavapai County, AZ
How many homes are available in Yavapai County, AZ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 448 | 502 | +12.1% |
Summary: The Yavapai County real estate market had 502 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 72 | 83 | +15.3% |
| 3 Bedrooms | 235 | 268 | +14.0% |
| 4 Bedrooms | 100 | 108 | +8.0% |
| 5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The Yavapai County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 75 | +2.7% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yavapai County, you may be able to get a good deal. 68% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in Yavapai County in April 2024, up by 2.7% month-over-month. Of the 75 sold homes, 68% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Yavapai County, AZ
How long does it take to sell a home in Yavapai County, AZ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 78 Days | 70 Days | -10.1% |
Summary: Homes in Yavapai County had an average of 70 days on market in Apr 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yavapai County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 75 homes were sold in Yavapai County; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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