Is Desert Uplands, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Desert Uplands is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Desert Uplands has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Desert Uplands, AZ

How much do homes in Desert Uplands, AZ cost?

Median Sold Price

$1,016,500

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$66,500(+7.0%)

Key Takeaway

Homes in Desert Uplands have sold for 7% more than they did a year ago.

Summary: The median home sold price in Desert Uplands was $1,016,500 in October 2024, up 7% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $550K$611K
+11.1%
3 $715K$782.5K
+9.4%
4 $1.2M$1.1M
-5.7%
5+ $1.4M$1.3M
-1.1%

Summary: Desert Uplands 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 increased by 11.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Neighborhoods

Las Sendas
+20.9%
Desert Uplands
+7.0%

Housing Supply in Desert Uplands, AZ

How many homes are available in Desert Uplands, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3642+16.7%

Summary: The Desert Uplands real estate market had 42 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 79
+28.6%
4 1415
+7.1%
5+ 1316
+23.1%

Summary: The Desert Uplands 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 28.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Desert Uplands, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Desert Uplands in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Desert Uplands, AZ

How long does it take to sell a home in Desert Uplands, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days54 Days+21.4%

Summary: Homes in Desert Uplands had an average of 54 days on market in Oct 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Desert Uplands are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Desert Uplands; 50% of homes were sold within 30 days, 25% 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 4 Days Ago

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