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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Circle Cross Ranch is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Circle Cross Ranch was a Seller's Market.

Key Takeaway

Circle Cross Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Circle Cross Ranch, AZ

How much do homes in Circle Cross Ranch, AZ cost?

Median Sold Price

$428,000

$224/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$43,000(-9.1%)

Key Takeaway

Homes in Circle Cross Ranch have sold for 9.1% less than they did a month ago.

Summary: The median home sold price in Circle Cross Ranch was $428,000 in November 2024, down 9.1% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $433.5K$364.5K
-15.9%
4 $440.7K$464.7K
+5.4%
5+ $601K-
N/A

Summary: Circle Cross Ranch housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Housing Supply in Circle Cross Ranch, AZ

How many homes are available in Circle Cross Ranch, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3832-15.8%

Summary: The Circle Cross Ranch real estate market had 32 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1311
-15.4%
4 2320
-13.0%
5+ 21
-50.0%

Summary: The Circle Cross Ranch 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 decreased by 15.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 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 Circle Cross Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Circle Cross Ranch in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Circle Cross Ranch, AZ

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

Average Sale Time

Oct 2024Nov 2024CHANGE
99 Days62 Days-36.8%

Summary: Homes in Circle Cross Ranch had an average of 62 days on market in Nov 2024, down by 36.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 Circle Cross Ranch has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Circle Cross Ranch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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