$299,000
0.30 Acres
Land
Billie McGraw, Listing Office: Village Land Shoppe
Is Coconino County, 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, Coconino County was a Seller's Market.
Key Takeaway
Coconino County 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 Coconino County, AZ
How much do homes in Coconino County, AZ cost?
Median Sold Price
$735,483
$394/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,649(+3.5%)
Key Takeaway
Homes in Coconino County have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Coconino County was $735,483 in October 2024, up 3.5% from last year, and the median price per square foot was $394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $291K | -3.0% |
| 2 Bedrooms | $457.5K | $472.5K | +3.3% |
| 3 Bedrooms | $669.2K | $695.5K | +3.9% |
| 4 Bedrooms | $1.0M | $1.1M | +6.0% |
| 5+ Bedrooms | $1.3M | $1.3M | +0.6% |
Summary: Coconino County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Counties
| Coconino County | $710.8K | $735.4K | +3.5% |
| Yavapai County | $555.5K | $575K | +3.5% |
| Navajo County | $445.9K | $449.8K | +0.9% |
| Gila County | $438.2K | $430K | -1.9% |
Housing Supply in Coconino County, AZ
How many homes are available in Coconino County, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 247 | 261 | +5.7% |
Summary: The Coconino County real estate market had 261 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 13 | +44.4% |
| 2 Bedrooms | 49 | 46 | -6.1% |
| 3 Bedrooms | 101 | 105 | +4.0% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 32 | 39 | +21.9% |
Summary: The Coconino County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 21.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 43 | +7.5% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coconino County, you may be able to get a good deal. 74.4% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Coconino County in October 2024, up by 7.5% month-over-month. Of the 43 sold homes, 74% were sold under asking, 14% were sold at asking, and 12% were sold over asking.
Days on Market for Coconino County, AZ
How long does it take to sell a home in Coconino County, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 99 Days | +54.1% |
Summary: Homes in Coconino County had an average of 99 days on market in Oct 2024, up by 54.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Coconino County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 43 homes were sold in Coconino County; 26% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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