Is Douglas, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Douglas 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 Douglas, AZ

How much do homes in Douglas, AZ cost?

Median Sold Price

$190,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,000(-4.5%)

Key Takeaway

Homes in Douglas have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Douglas was $190,000 in October 2024, down 4.5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96.5K$91K
-5.7%
2 $85K$149K
+75.3%
3 $201.2K$211.5K
+5.1%
4 $236K$245K
+3.8%
5+ $232.5K$110K
-52.7%

Summary: Douglas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 75.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 52.7%.

Housing Supply in Douglas, AZ

How many homes are available in Douglas, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4353+23.3%

Summary: The Douglas real estate market had 53 homes for sale in October 2024, a 23.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 912
+33.3%
3 1723
+35.3%
4 1413
-7.1%
5+ 12
+100.0%

Summary: The Douglas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Douglas in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
46 Days119 Days+154.2%

Summary: Homes in Douglas had an average of 119 days on market in Oct 2024, up by 154.2% 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 Douglas has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Douglas; 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 16 Days Ago

Newest Listings in Douglas, AZ

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