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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sahuaro is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sahuaro was a Seller's Market.

Key Takeaway

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

Housing Prices in Sahuaro, AZ

How much do homes in Sahuaro, AZ cost?

Median Sold Price

$425,562

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,975(+1.4%)

Key Takeaway

Homes in Sahuaro have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Sahuaro was $425,562 in November 2024, up 1.4% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$193K
+4.3%
2 $249K$276K
+10.8%
3 $402.5K$415K
+3.1%
4 $472K$485K
+2.8%
5+ $623K$705K
+13.2%

Summary: Sahuaro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Neighborhoods

Pioneer
+6.4%
Sahuaro
+1.4%

Housing Supply in Sahuaro, AZ

How many homes are available in Sahuaro, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
116122+5.2%

Summary: The Sahuaro real estate market had 122 homes for sale in November 2024, a 5.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 4142
+2.4%
4 4751
+8.5%
5+ 1716
-5.9%

Summary: The Sahuaro 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 18.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2717-37.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sahuaro, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Sahuaro in November 2024, down by 37.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.

Days on Market for Sahuaro, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days73 Days+60.9%

Summary: Homes in Sahuaro had an average of 73 days on market in Nov 2024, up by 60.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were 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 Sahuaro has remained consistent over time.

Summary: During November 2024, 17 homes were sold in Sahuaro; 29% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 29% 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 18 Days Ago

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