Is Optima Camel View, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Optima Camel View is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Optima Camel View has remained a Buyer's Market.

Key Takeaway

Optima Camel View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Optima Camel View, AZ

How much do homes in Optima Camel View, AZ cost?

Median Sold Price

$960,000

$576/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$344,500(+56.0%)

Key Takeaway

Homes in Optima Camel View have sold for 56% more than they did a month ago.

Summary: The median home sold price in Optima Camel View was $960,000 in November 2024, up 56% from last month, and the median price per square foot was $576.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $517K$549K
+6.2%
2 $725K$960K
+32.4%
3 -$1.3M
N/A
4 --
N/A
5+ --
N/A

Summary: Optima Camel View housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 32.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Downtown Scottsdale
+367.9%
Optima Camel View
+56.0%

Housing Supply in Optima Camel View, AZ

How many homes are available in Optima Camel View, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5652-7.1%

Summary: The Optima Camel View real estate market had 52 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 62
-66.7%
2 3435
+2.9%
3 1514
-6.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Optima Camel View housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Optima Camel View, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Optima Camel View in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Optima Camel View, AZ

How long does it take to sell a home in Optima Camel View, AZ?

Average Sale Time

Oct 2024Nov 2024CHANGE
157 Days253 Days+60.8%

Summary: Homes in Optima Camel View had an average of 253 days on market in Nov 2024, up by 60.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Optima Camel View are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Optima Camel View; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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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