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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greer Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Greer Ranch, AZ

How much do homes in Greer Ranch, AZ cost?

Median Sold Price

$503,990

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,990(+6.6%)

Key Takeaway

Homes in Greer Ranch have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Greer Ranch was $503,990 in October 2024, up 6.6% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $431.2K$458.5K
+6.3%
4 $509K$535K
+5.1%
5+ $522.5K$580K
+11.0%

Summary: Greer Ranch 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 did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Neighborhoods

Marley Park
+6.9%
Greer Ranch
+6.6%
Greer Ranch South
+3.7%
Rancho Gabriela
+3.1%

Housing Supply in Greer Ranch, AZ

How many homes are available in Greer Ranch, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2624-7.7%

Summary: The Greer Ranch real estate market had 24 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 108
-20.0%
4 1110
-9.1%
5+ 56
+20.0%

Summary: The Greer 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greer Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Greer Ranch in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Greer Ranch, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days86 Days+61.4%

Summary: Homes in Greer Ranch had an average of 86 days on market in Oct 2024, up by 61.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Greer Ranch; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Greer Ranch, AZ

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