Is Pebblecreek, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pebblecreek is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Pebblecreek, AZ

How much do homes in Pebblecreek, AZ cost?

Median Sold Price

$534,997

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,330(+2.6%)

Key Takeaway

Homes in Pebblecreek have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Pebblecreek was $534,997 in November 2024, up 2.6% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $491.8K$517.5K
+5.2%
3 $672.5K$640K
-4.8%
4 $685K$520K
-24.1%
5+ -$678.5K
N/A

Summary: Pebblecreek 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 5.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes did not change.

Housing Supply in Pebblecreek, AZ

How many homes are available in Pebblecreek, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
104127+22.1%

Summary: The Pebblecreek real estate market had 127 homes for sale in November 2024, a 22.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 7392
+26.0%
3 2629
+11.5%
4 45
+25.0%
5+ 11
0.0%

Summary: The Pebblecreek 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 increased by 26%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1424+71.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pebblecreek, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Pebblecreek in November 2024, up by 71.4% month-over-month. Of the 24 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for Pebblecreek, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
71 Days43 Days-39.2%

Summary: Homes in Pebblecreek had an average of 43 days on market in Nov 2024, down by 39.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Pebblecreek; 46% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 13% 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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