Is Aviano at Desert Ridge, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aviano at Desert Ridge is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Aviano at Desert Ridge has remained a Seller's Market.

Key Takeaway

Aviano at Desert Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Aviano at Desert Ridge, AZ

How much do homes in Aviano at Desert Ridge, AZ cost?

Median Sold Price

$932,500

$324/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$122,500(+15.1%)

Key Takeaway

Homes in Aviano at Desert Ridge have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Aviano at Desert Ridge was $932,500 in October 2024, up 15.1% from last year, and the median price per square foot was $324.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $471.5K$489K
+3.7%
3 $827.5K$664.5K
-19.7%
4 $1.1M$1.1M
+4.5%
5+ $1.1M$1.4M
+28.5%

Summary: Aviano at Desert Ridge 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 3.7%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 28.5%.

Median Sold Price Compared To Nearby Neighborhoods

Aviano at Desert Ridge
+15.1%
Desert Ridge
+10.1%
Fireside at Desert Ridge
-4.6%

Housing Supply in Aviano at Desert Ridge, AZ

How many homes are available in Aviano at Desert Ridge, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2729+7.4%

Summary: The Aviano at Desert Ridge real estate market had 29 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 1010
0.0%
4 54
-20.0%
5+ 67
+16.7%

Summary: The Aviano at Desert Ridge 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aviano at Desert Ridge, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Aviano at Desert Ridge in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Aviano at Desert Ridge, AZ

How long does it take to sell a home in Aviano at Desert Ridge, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days85 Days+124.2%

Summary: Homes in Aviano at Desert Ridge had an average of 85 days on market in Oct 2024, up by 124.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Aviano at Desert Ridge has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Aviano at Desert Ridge; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 21 Days Ago

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