Is Copper Canyon Ranch, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Copper Canyon Ranch is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Copper Canyon Ranch has remained a Neutral Market.

Key Takeaway

Copper Canyon Ranch 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 Copper Canyon Ranch, AZ

How much do homes in Copper Canyon Ranch, AZ cost?

Median Sold Price

$915,750

$213/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$400,750(+77.8%)

Key Takeaway

Homes in Copper Canyon Ranch have sold for 77.8% more than they did a month ago.

Summary: The median home sold price in Copper Canyon Ranch was $915,750 in October 2024, up 77.8% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $515K-
N/A
4 -$535K
N/A
5+ -$1.2M
N/A

Summary: Copper Canyon Ranch housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Copper Canyon Ranch
+77.8%
Mountain Gate
+77.8%
Veramonte
+33.3%

Housing Supply in Copper Canyon Ranch, AZ

How many homes are available in Copper Canyon Ranch, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
712+71.4%

Summary: The Copper Canyon Ranch real estate market had 12 homes for sale in October 2024, a 71.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 26
+200.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The Copper Canyon Ranch 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 increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Copper Canyon Ranch, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Copper Canyon Ranch in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Copper Canyon Ranch, AZ

How long does it take to sell a home in Copper Canyon Ranch, AZ?

Average Sale Time

Sep 2024Oct 2024CHANGE
48 Days77 Days+61.5%

Summary: Homes in Copper Canyon Ranch had an average of 77 days on market in Oct 2024, up by 61.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Copper Canyon Ranch has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Copper Canyon Ranch; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

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