$8,609 Closing Credit*
$725,000
1,926 SqFt
3 Beds
•2 Baths
Christy Meek, Katherine R. Littell, Listing Office: My Home Group Real Estate
Is Cactus Corridor, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cactus Corridor has remained a Seller's Market.
Key Takeaway
Cactus Corridor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cactus Corridor, AZ
How much do homes in Cactus Corridor, AZ cost?
Median Sold Price
$1,325,000
$408/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$65,000(-4.7%)
Key Takeaway
Homes in Cactus Corridor have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Cactus Corridor was $1,325,000 in November 2024, down 4.7% from last year, and the median price per square foot was $408.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | $520K | -5.5% |
| 3 Bedrooms | $695K | $680K | -2.2% |
| 4 Bedrooms | $1.0M | $1.2M | +16.7% |
| 5+ Bedrooms | $2.5M | $2.5M | +2.6% |
Summary: Cactus Corridor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in Cactus Corridor, AZ
How many homes are available in Cactus Corridor, AZ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The Cactus Corridor real estate market had 42 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The Cactus Corridor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cactus Corridor, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Cactus Corridor in November 2024, up by 128.6% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Cactus Corridor, AZ
How long does it take to sell a home in Cactus Corridor, AZ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 108 Days | +160.6% |
Summary: Homes in Cactus Corridor had an average of 108 days on market in Nov 2024, up by 160.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cactus Corridor are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 16 homes were sold in Cactus Corridor; 19% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.