Is Sienna Hills, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sienna Hills is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Sienna Hills was a Buyer's Market.

Key Takeaway

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

Housing Prices in Sienna Hills, AZ

How much do homes in Sienna Hills, AZ cost?

Median Sold Price

$445,000

$238/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,500(-3.4%)

Key Takeaway

Homes in Sienna Hills have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Sienna Hills was $445,000 in December 2024, down 3.4% from last year, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$491K
N/A
3 $415K$411K
-1.0%
4 $477.5K$531.8K
+11.4%
5+ $515K$586.7K
+13.9%

Summary: Sienna Hills 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 did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Neighborhoods

Verrado
+10.5%
Sienna Hills
-3.4%

Housing Supply in Sienna Hills, AZ

How many homes are available in Sienna Hills, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2320-13.0%

Summary: The Sienna Hills real estate market had 20 homes for sale in December 2024, a 13.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 1615
-6.3%
5+ 10
-100.0%

Summary: The Sienna Hills housing inventory by bedroom type for December 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 16.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sienna Hills, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Sienna Hills in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.

Days on Market for Sienna Hills, AZ

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

Average Sale Time

Dec 2023Dec 2024CHANGE
85 Days74 Days-12.7%

Summary: Homes in Sienna Hills had an average of 74 days on market in Dec 2024, down by 12.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 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 Sienna Hills has remained consistent over time.

Summary: During December 2024, 5 homes were sold in Sienna Hills; 0% of homes were sold within 30 days, 80% 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 1 Day Ago

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