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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cottonwood Ranch is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cottonwood Ranch has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cottonwood Ranch, AZ

How much do homes in Cottonwood Ranch, AZ cost?

Median Sold Price

$307,550

$182/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$146,450(-32.3%)

Key Takeaway

Homes in Cottonwood Ranch have sold for 32.3% less than they did a month ago.

Summary: The median home sold price in Cottonwood Ranch was $307,550 in December 2024, down 32.3% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$307.5K
N/A
5+ $454K-
N/A

Summary: Cottonwood Ranch housing prices by bedroom type for December 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.

Housing Supply in Cottonwood Ranch, AZ

How many homes are available in Cottonwood Ranch, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
16160.0%

Summary: The Cottonwood Ranch real estate market had 16 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 77
0.0%
5+ 32
-33.3%

Summary: The Cottonwood Ranch housing inventory by bedroom type for December 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cottonwood Ranch, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cottonwood Ranch in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cottonwood Ranch, AZ

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

Average Sale Time

Nov 2024Dec 2024CHANGE
175 Days42 Days-76.0%

Summary: Homes in Cottonwood Ranch had an average of 42 days on market in Dec 2024, down by 76% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cottonwood Ranch has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Cottonwood Ranch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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