Is Douglas, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Douglas was a Seller's Market.
Housing Prices in Douglas, AZ
How much do homes in Douglas, AZ cost?
Median Sold Price
$199,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Douglas was $199,000 in May 2024, up 11.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138K | $120K | -13.0% |
2 Bedrooms | $108.5K | $122K | +12.4% |
3 Bedrooms | $190K | $198K | +4.2% |
4 Bedrooms | $240K | $222K | -7.5% |
5+ Bedrooms | $230K | $276.5K | +20.2% |
Summary: Douglas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in Douglas, AZ
How many homes are available in Douglas, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 68 | +9.7% |
Summary: The Douglas real estate market had 68 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 28 | 29 | +3.6% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Douglas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Douglas in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Douglas, AZ
How long does it take to sell a home in Douglas, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
54 Days | 75 Days | +38.7% |
Summary: Homes in Douglas had an average of 75 days on market in May 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Douglas; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.