Is Sarival Village, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sarival Village is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sarival Village was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sarival Village, AZ

How much do homes in Sarival Village, AZ cost?

Median Sold Price

$403,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+6.3%)

Key Takeaway

Homes in Sarival Village have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Sarival Village was $403,000 in October 2024, up 6.3% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $378K$399.9K
+5.8%
4 $388.3K$424.5K
+9.3%
5+ $450K$495.9K
+10.2%

Summary: Sarival Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Neighborhoods

Estrella Vista
+8.2%
Sarival Village
+6.3%

Housing Supply in Sarival Village, AZ

How many homes are available in Sarival Village, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Sarival Village real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1212
0.0%
4 910
+11.1%
5+ 23
+50.0%

Summary: The Sarival Village housing inventory by bedroom type for October 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 increased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sarival Village, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Sarival Village in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for Sarival Village, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days70 Days+106.3%

Summary: Homes in Sarival Village had an average of 70 days on market in Oct 2024, up by 106.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sarival Village has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Sarival Village; 14% of homes were sold within 30 days, 57% 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 20 Days Ago

Newest Listings in Sarival Village, AZ

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