Is La Brisas, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Brisas is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in La Brisas, AZ

How much do homes in La Brisas, AZ cost?

Median Sold Price

$453,990

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,990(+6.3%)

Key Takeaway

Homes in La Brisas have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in La Brisas was $453,990 in October 2024, up 6.3% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $405K$424.6K
+4.9%
4 $425K$459.5K
+8.1%
5+ $569.9K$542.5K
-4.8%

Summary: La Brisas 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 4.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 4.8%.

Housing Supply in La Brisas, AZ

How many homes are available in La Brisas, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5958-1.7%

Summary: The La Brisas real estate market had 58 homes for sale in October 2024, a 1.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2521
-16.0%
4 2830
+7.1%
5+ 67
+16.7%

Summary: The La Brisas 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 16%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Brisas, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in La Brisas in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.

Days on Market for La Brisas, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days88 Days+101.3%

Summary: Homes in La Brisas had an average of 88 days on market in Oct 2024, up by 101.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Brisas has remained consistent over time.

Summary: During October 2024, 13 homes were sold in La Brisas; 8% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 38% 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

Newest Listings in La Brisas, AZ

Nearby Markets to La Brisas, AZ