Is Kingswood Parke, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingswood Parke is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Kingswood Parke 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 Kingswood Parke, AZ

How much do homes in Kingswood Parke, AZ cost?

Median Sold Price

$380,000

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+2.7%)

Key Takeaway

Homes in Kingswood Parke have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Kingswood Parke was $380,000 in December 2024, up 2.7% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $329.5K$355K
+7.7%
3 $364K$380K
+4.4%
4 $457.4K$408.5K
-10.7%
5+ -$732.5K
N/A

Summary: Kingswood Parke housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes did not change.

Housing Supply in Kingswood Parke, AZ

How many homes are available in Kingswood Parke, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
14140.0%

Summary: The Kingswood Parke real estate market had 14 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 99
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Kingswood Parke housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingswood Parke, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Kingswood Parke in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Kingswood Parke, AZ

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

Average Sale Time

Dec 2023Dec 2024CHANGE
47 Days32 Days-31.9%

Summary: Homes in Kingswood Parke had an average of 32 days on market in Dec 2024, down by 31.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kingswood Parke are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Kingswood Parke; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

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