Is Country Meadows, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Meadows is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Country Meadows has remained a Seller's Market.

Key Takeaway

Country Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Country Meadows, AZ

How much do homes in Country Meadows, AZ cost?

Median Sold Price

$365,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+3.5%)

Key Takeaway

Homes in Country Meadows have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Country Meadows was $365,000 in October 2024, up 3.5% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $271.5K$262K
-3.5%
3 $376.5K$380.9K
+1.2%
4 $390.2K$395K
+1.2%
5+ --
N/A

Summary: Country Meadows housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Housing Supply in Country Meadows, AZ

How many homes are available in Country Meadows, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3128-9.7%

Summary: The Country Meadows real estate market had 28 homes for sale in October 2024, a 9.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 2120
-4.8%
4 32
-33.3%
5+ 00
0.0%

Summary: The Country Meadows 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 decreased by 14.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Meadows, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Country Meadows in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Country Meadows, AZ

How long does it take to sell a home in Country Meadows, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days52 Days-18.2%

Summary: Homes in Country Meadows had an average of 52 days on market in Oct 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Country Meadows has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Country Meadows; 13% of homes were sold within 30 days, 63% 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 23 Days Ago

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