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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sedella is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Sedella, AZ

How much do homes in Sedella, AZ cost?

Median Sold Price

$763,550

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$113,550(+17.5%)

Key Takeaway

Homes in Sedella have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Sedella was $763,550 in October 2024, up 17.5% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $557K$743.3K
+33.5%
4 $664.9K$699K
+5.1%
5+ $725K$834.9K
+15.2%

Summary: Sedella 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 33.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Neighborhoods

Sedella
+17.5%
Yucca
+3.5%

Housing Supply in Sedella, AZ

How many homes are available in Sedella, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The Sedella real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 1520
+33.3%
5+ 77
0.0%

Summary: The Sedella 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 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sedella, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sedella in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Sedella, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
118 Days74 Days-36.8%

Summary: Homes in Sedella had an average of 74 days on market in Oct 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Sedella; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% 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

Newest Listings in Sedella, AZ

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