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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horizons is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Horizons, AZ

How much do homes in Horizons, AZ cost?

Median Sold Price

$560,000

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,666(-0.5%)

Key Takeaway

The sold price of homes in Horizons has remained the same since last year.

Summary: The median home sold price in Horizons was $560,000 in October 2024, down 0.5% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $289K$295K
+2.1%
2 $425K$425K
0.0%
3 $629.9K$635K
+0.8%
4 $870K$875K
+0.6%
5+ $1.0M$1.1M
+10.4%

Summary: Horizons housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 10.4%.

Housing Supply in Horizons, AZ

How many homes are available in Horizons, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103105+1.9%

Summary: The Horizons real estate market had 105 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 85
-37.5%
2 3539
+11.4%
3 3441
+20.6%
4 2014
-30.0%
5+ 66
0.0%

Summary: The Horizons housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horizons, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Horizons in October 2024, up by 8.7% month-over-month. Of the 25 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Horizons, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days65 Days+20.2%

Summary: Homes in Horizons had an average of 65 days on market in Oct 2024, up by 20.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 25 homes were sold in Horizons; 28% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 28% 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 13 Days Ago

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