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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kingswood Parke, AZ

How much do homes in Kingswood Parke, AZ cost?

Median Sold Price

$380,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,750(+2.4%)

Key Takeaway

Homes in Kingswood Parke have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Kingswood Parke was $380,000 in November 2024, up 2.4% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $330K$355K
+7.6%
3 $364K$380K
+4.4%
4 $439.9K$408.5K
-7.1%
5+ -$732.5K
N/A

Summary: Kingswood Parke housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 7.1%, 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

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Kingswood Parke real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 79
+28.6%
4 32
-33.3%
5+ 00
0.0%

Summary: The Kingswood Parke 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 40%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kingswood Parke in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
41 Days55 Days+32.8%

Summary: Homes in Kingswood Parke had an average of 55 days on market in Nov 2024, up by 32.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kingswood Parke has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Kingswood Parke; 0% of homes were sold within 30 days, 100% 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 3 Days Ago

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