Is Augusta Ranch, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Augusta Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Augusta Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Augusta Ranch, AZ

How much do homes in Augusta Ranch, AZ cost?

Median Sold Price

$499,450

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,709(+11.3%)

Key Takeaway

Homes in Augusta Ranch have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Augusta Ranch was $499,450 in October 2024, up 11.3% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $324.9K$333.5K
+2.6%
3 $416K$430K
+3.4%
4 $535K$517.9K
-3.2%
5+ $700K$710K
+1.4%

Summary: Augusta Ranch 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 increased by 2.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

Villages of Eastridge
+13.6%
Augusta Ranch
+11.3%

Housing Supply in Augusta Ranch, AZ

How many homes are available in Augusta Ranch, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3229-9.4%

Summary: The Augusta Ranch real estate market had 29 homes for sale in October 2024, a 9.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1313
0.0%
4 1312
-7.7%
5+ 43
-25.0%

Summary: The Augusta Ranch 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Augusta Ranch, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Augusta Ranch in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Augusta Ranch, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days74 Days+201.3%

Summary: Homes in Augusta Ranch had an average of 74 days on market in Oct 2024, up by 201.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Augusta Ranch has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Augusta Ranch; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% 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

Newest Listings in Augusta Ranch, AZ

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