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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dobson Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dobson Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dobson Ranch, AZ

How much do homes in Dobson Ranch, AZ cost?

Median Sold Price

$450,000

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,000(+6.1%)

Key Takeaway

Homes in Dobson Ranch have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Dobson Ranch was $450,000 in October 2024, up 6.1% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $216.2K$221.5K
+2.4%
2 $280K$282K
+0.7%
3 $455K$449.9K
-1.1%
4 $536K$595K
+11.0%
5+ $620K$665K
+7.3%

Summary: Dobson Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Neighborhoods

Dobson Ranch
+6.1%
Dobson Manor
+3.3%

Housing Supply in Dobson Ranch, AZ

How many homes are available in Dobson Ranch, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7983+5.1%

Summary: The Dobson Ranch real estate market had 83 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 3032
+6.7%
3 2628
+7.7%
4 1616
0.0%
5+ 55
0.0%

Summary: The Dobson 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 increased by 6.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dobson Ranch, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Dobson Ranch in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.

Days on Market for Dobson Ranch, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days63 Days+62.2%

Summary: Homes in Dobson Ranch had an average of 63 days on market in Oct 2024, up by 62.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Dobson Ranch; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

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