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 November 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

$450,033

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,033(+4.4%)

Key Takeaway

Homes in La Brisas have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in La Brisas was $450,033 in November 2024, up 4.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $420.3K$421.4K
0.3%
4 $426K$451.5K
+6.0%
5+ $572.4K$542.5K
-5.2%

Summary: La Brisas 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 did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 5.2%.

Housing Supply in La Brisas, AZ

How many homes are available in La Brisas, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5447-13.0%

Summary: The La Brisas real estate market had 47 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2019
-5.0%
4 2922
-24.1%
5+ 56
+20.0%

Summary: The La Brisas 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 remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in La Brisas in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
31 Days66 Days+110.5%

Summary: Homes in La Brisas had an average of 66 days on market in Nov 2024, up by 110.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in La Brisas; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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