Is Mountain Vista Ranch, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Vista Ranch is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mountain Vista Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mountain Vista Ranch, AZ

How much do homes in Mountain Vista Ranch, AZ cost?

Median Sold Price

$396,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.3%)

Key Takeaway

The sold price of homes in Mountain Vista Ranch has remained the same since last year.

Summary: The median home sold price in Mountain Vista Ranch was $396,000 in November 2024, up 0.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $313K$304.4K
-2.7%
3 $395K$392.5K
-0.6%
4 $406.5K$419K
+3.1%
5+ -$477.5K
N/A

Summary: Mountain Vista Ranch 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 decreased by 2.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Kingswood Parke
+2.4%
Mountain Vista Ranch
0.3%

Housing Supply in Mountain Vista Ranch, AZ

How many homes are available in Mountain Vista Ranch, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2827-3.6%

Summary: The Mountain Vista Ranch real estate market had 27 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2323
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Mountain Vista Ranch 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Vista Ranch, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Mountain Vista Ranch in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Mountain Vista Ranch, AZ

How long does it take to sell a home in Mountain Vista Ranch, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days49 Days+44.5%

Summary: Homes in Mountain Vista Ranch had an average of 49 days on market in Nov 2024, up by 44.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain Vista Ranch are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Mountain Vista Ranch; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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

Newest Listings in Mountain Vista Ranch, AZ

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