Is Superior, 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, Superior has remained a Seller's Market.
Housing Prices in Superior, AZ
How much do homes in Superior, AZ cost?
Median Sold Price
$221,450
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Superior was $221,450 in May 2024, up 3.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $175K | $196K | +12.0% |
3 Bedrooms | $215K | $259K | +20.5% |
4 Bedrooms | $292.5K | $215K | -26.5% |
5+ Bedrooms | $385K | - | N/A |
Summary: Superior 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 increased by 12%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Superior | $213.5K | $221.4K | +3.7% |
North Pinal | $424.9K | $424.9K | 0% |
Housing Supply in Superior, AZ
How many homes are available in Superior, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The Superior real estate market had 12 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Superior housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Superior in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Superior, AZ
How long does it take to sell a home in Superior, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
197 Days | 144 Days | -26.9% |
Summary: Homes in Superior had an average of 144 days on market in May 2024, down by 26.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Superior; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.