Is Blue Horizons, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Horizons is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Blue Horizons was a Seller's Market.

Key Takeaway

Blue Horizons 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 Blue Horizons, AZ

How much do homes in Blue Horizons, AZ cost?

Median Sold Price

$425,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,500(+5.1%)

Key Takeaway

Homes in Blue Horizons have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Blue Horizons was $425,000 in October 2024, up 5.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $380K$382.5K
+0.7%
4 $428K$450K
+5.1%
5+ $520K$474.9K
-8.7%

Summary: Blue Horizons 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 0.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Neighborhoods

Blue Horizons
+5.1%
Vista de Montana
0%

Housing Supply in Blue Horizons, AZ

How many homes are available in Blue Horizons, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3032+6.7%

Summary: The Blue Horizons real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1411
-21.4%
4 1113
+18.2%
5+ 58
+60.0%

Summary: The Blue Horizons 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 21.4%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Horizons, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Blue Horizons in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Blue Horizons, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days71 Days+82.1%

Summary: Homes in Blue Horizons had an average of 71 days on market in Oct 2024, up by 82.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blue Horizons has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Blue Horizons; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

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