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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seville is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Seville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Seville, AZ

How much do homes in Seville, AZ cost?

Median Sold Price

$675,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+11.6%)

Key Takeaway

Homes in Seville have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Seville was $675,000 in November 2024, up 11.6% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $590K$421K
-28.6%
3 $497.5K$525K
+5.5%
4 $677K$754K
+11.4%
5+ $894.7K$940K
+5.1%

Summary: Seville 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 decreased by 28.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Neighborhoods

Seville
+11.6%
Shamrock Estates
+11.2%

Housing Supply in Seville, AZ

How many homes are available in Seville, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4443-2.3%

Summary: The Seville real estate market had 43 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1410
-28.6%
4 1113
+18.2%
5+ 1516
+6.7%

Summary: The Seville 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

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 Seville, 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 Seville in November 2024, up by 40.0% 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 Seville, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days50 Days+4.2%

Summary: Homes in Seville had an average of 50 days on market in Nov 2024, up by 4.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Seville has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Seville; 14% of homes were sold within 30 days, 86% of homes were sold within 30 to 90 days, and 0% 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 Seville, AZ

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