$3,563 Closing Credit*
$300,000
807 SqFt
2 Beds
•1 Bath
Christy Will, Listing Office: DPR Realty LLC
Is Camelback East, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Camelback East was a Seller's Market.
Key Takeaway
Camelback East 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 Camelback East, AZ
How much do homes in Camelback East, AZ cost?
Median Sold Price
$640,661
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,264(+13.3%)
Key Takeaway
Homes in Camelback East have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Camelback East was $640,661 in October 2024, up 13.3% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $248.2K | +10.3% |
| 2 Bedrooms | $341.2K | $365.3K | +7.1% |
| 3 Bedrooms | $613.3K | $659.3K | +7.5% |
| 4 Bedrooms | $1.1M | $1.3M | +12.5% |
| 5+ Bedrooms | $2.2M | $2.1M | -4.5% |
Summary: Camelback East housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 4.5%.
Housing Supply in Camelback East, AZ
How many homes are available in Camelback East, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 714 | 811 | +13.6% |
Summary: The Camelback East real estate market had 811 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 49 | 60 | +22.4% |
| 2 Bedrooms | 182 | 234 | +28.6% |
| 3 Bedrooms | 228 | 247 | +8.3% |
| 4 Bedrooms | 173 | 179 | +3.5% |
| 5+ Bedrooms | 82 | 91 | +11.0% |
Summary: The Camelback East housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.4%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 11%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 | 133 | +22.0% |
Asking Price vs. Sold Price
74 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Camelback East, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 133 homes were sold or pending in Camelback East in October 2024, up by 22.0% month-over-month. Of the 133 sold homes, 56% were sold under asking, 22% were sold at asking, and 23% were sold over asking.
Days on Market for Camelback East, AZ
How long does it take to sell a home in Camelback East, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 62 Days | +12.1% |
Summary: Homes in Camelback East had an average of 62 days on market in Oct 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
65 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Camelback East has remained consistent over time.
Summary: During October 2024, 133 homes were sold in Camelback East; 32% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 20% 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.