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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seville is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Seville, AZ

How much do homes in Seville, AZ cost?

Median Sold Price

$675,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+8.9%)

Key Takeaway

Homes in Seville have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Seville was $675,000 in October 2024, up 8.9% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $560K$430K
-23.2%
3 $497.5K$525K
+5.5%
4 $671K$754K
+12.4%
5+ $945K$923.2K
-2.3%

Summary: Seville 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 decreased by 23.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Neighborhoods

Shamrock Estates
+10.0%
Seville
+8.9%

Housing Supply in Seville, AZ

How many homes are available in Seville, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4950+2.0%

Summary: The Seville real estate market had 50 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1516
+6.7%
4 1413
-7.1%
5+ 1617
+6.3%

Summary: The Seville 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 increased by 6.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Seville in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
27 Days63 Days+132.3%

Summary: Homes in Seville had an average of 63 days on market in Oct 2024, up by 132.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 5 homes were sold in Seville; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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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