Is Gold Canyon, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gold Canyon is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Gold Canyon has remained a Buyer's Market.

Key Takeaway

Gold Canyon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gold Canyon, AZ

How much do homes in Gold Canyon, AZ cost?

Median Sold Price

$495,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-4.8%)

Key Takeaway

Homes in Gold Canyon have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Gold Canyon was $495,000 in October 2024, down 4.8% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $415K$434.9K
+4.8%
3 $525K$500K
-4.8%
4 $642.5K$675K
+5.1%
5+ $897.7K$1.0M
+17.5%

Summary: Gold Canyon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 17.5%.

Housing Supply in Gold Canyon, AZ

How many homes are available in Gold Canyon, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
165181+9.7%

Summary: The Gold Canyon real estate market had 181 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3441
+20.6%
3 8491
+8.3%
4 4347
+9.3%
5+ 42
-50.0%

Summary: The Gold Canyon 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 20.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gold Canyon, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Gold Canyon in October 2024, down by 20.8% month-over-month. Of the 19 sold homes, 74% were sold under asking, 16% were sold at asking, and 11% were sold over asking.

Days on Market for Gold Canyon, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
84 Days85 Days+2.0%

Summary: Homes in Gold Canyon had an average of 85 days on market in Oct 2024, up by 2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

11 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 Gold Canyon has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Gold Canyon; 32% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 11% 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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