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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Desert View is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Desert View was a Seller's Market.

Key Takeaway

Desert View 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 Desert View, AZ

How much do homes in Desert View, AZ cost?

Median Sold Price

$731,407

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,208(+5.1%)

Key Takeaway

Homes in Desert View have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Desert View was $731,407 in November 2024, up 5.1% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $299.9K$305K
+1.7%
2 $463.5K$495K
+6.8%
3 $635K$656K
+3.3%
4 $800K$826.3K
+3.3%
5+ $1.0M$1.0M
+6.4%

Summary: Desert View housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Neighborhoods

Desert View
+5.1%
Tatum Ranch
+2.0%

Housing Supply in Desert View, AZ

How many homes are available in Desert View, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3963970.3%

Summary: The Desert View real estate market had 397 homes for sale in November 2024, a 0.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 78
+14.3%
2 7974
-6.3%
3 127137
+7.9%
4 129124
-3.9%
5+ 5454
0.0%

Summary: The Desert View housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9161-33.0%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Desert View, you may be able to get a good deal. 72.1% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Desert View in November 2024, down by 33.0% month-over-month. Of the 61 sold homes, 72% were sold under asking, 16% were sold at asking, and 11% were sold over asking.

Days on Market for Desert View, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days70 Days+10.4%

Summary: Homes in Desert View had an average of 70 days on market in Nov 2024, up by 10.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Desert View has remained consistent over time.

Summary: During November 2024, 61 homes were sold in Desert View; 33% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 26% 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 17 Days Ago

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