Is Asante, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Asante is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Asante was a Buyer's Market.

Key Takeaway

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

Housing Prices in Asante, AZ

How much do homes in Asante, AZ cost?

Median Sold Price

$507,497

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,003(-2.9%)

Key Takeaway

Homes in Asante have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Asante was $507,497 in October 2024, down 2.9% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $520K$547.9K
+5.4%
4 $545K$476.7K
-12.5%
5+ $458.9K$459.9K
0.2%

Summary: Asante housing prices by bedroom type for October 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 increased by 5.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 0.2%.

Housing Supply in Asante, AZ

How many homes are available in Asante, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8267-18.3%

Summary: The Asante real estate market had 67 homes for sale in October 2024, a 18.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 3629
-19.4%
4 4134
-17.1%
5+ 54
-20.0%

Summary: The Asante housing inventory by bedroom type for October 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 19.4%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Asante, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Asante in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 47% were sold at asking, and 7% were sold over asking.

Days on Market for Asante, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days104 Days+160.7%

Summary: Homes in Asante had an average of 104 days on market in Oct 2024, up by 160.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Asante are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 15 homes were sold in Asante; 33% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 53% 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 20 Days Ago

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