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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estrella is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Estrella, AZ

How much do homes in Estrella, AZ cost?

Median Sold Price

$397,020

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,026(+3.7%)

Key Takeaway

Homes in Estrella have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Estrella was $397,020 in November 2024, up 3.7% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $146K$213.5K
+46.2%
2 $272K$312K
+14.7%
3 $360K$375.1K
+4.2%
4 $399.9K$409.9K
+2.5%
5+ $457.5K$463.4K
+1.3%

Summary: Estrella housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 1.3%.

Housing Supply in Estrella, AZ

How many homes are available in Estrella, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
311285-8.4%

Summary: The Estrella real estate market had 285 homes for sale in November 2024, a 8.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 146138
-5.5%
4 124111
-10.5%
5+ 2927
-6.9%

Summary: The Estrella housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 6.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7756-27.3%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estrella, you may be able to get a good deal. 44.6% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Estrella in November 2024, down by 27.3% month-over-month. Of the 56 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.

Days on Market for Estrella, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days57 Days+12.3%

Summary: Homes in Estrella had an average of 57 days on market in Nov 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Estrella has remained consistent over time.

Summary: During November 2024, 56 homes were sold in Estrella; 27% of homes were sold within 30 days, 54% 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 17 Days Ago

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