$2,553 Closing Credit*
$215,000
882 SqFt
2 Beds
•1 Full Bath
Juan Manuel Guerrero, Listing Office: LRC Realty & Management, LLC
Is San Luis, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, San Luis was a Buyer's Market.
Key Takeaway
San Luis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Luis, AZ
How much do homes in San Luis, AZ cost?
Median Sold Price
$250,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,000(+4.2%)
Key Takeaway
Homes in San Luis have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in San Luis was $250,000 in December 2024, up 4.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $213K | $255K | +19.7% |
| 3 Bedrooms | $240K | $245K | +2.1% |
| 4 Bedrooms | $275K | $277.8K | +1.0% |
| 5+ Bedrooms | $369.9K | $175K | -52.7% |
Summary: San Luis housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 52.7%.
Median Sold Price Compared To Nearby Cities
| Yuma | $305.7K | $329.7K | +7.9% |
| San Luis | $240K | $250K | +4.2% |
Housing Supply in San Luis, AZ
How many homes are available in San Luis, AZ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 75 | 70 | -6.7% |
Summary: The San Luis real estate market had 70 homes for sale in December 2024, a 6.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 54 | 49 | -9.3% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The San Luis housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 35 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Luis, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in San Luis in December 2024, up by 133.3% month-over-month. Of the 18 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.
Days on Market for San Luis, AZ
How long does it take to sell a home in San Luis, AZ?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 114 Days | 111 Days | -2.5% |
Summary: Homes in San Luis had an average of 111 days on market in Dec 2024, down by 2.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in San Luis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 35 homes were sold in San Luis; 11% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
