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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snowflake is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Snowflake has remained a Neutral Market.

Key Takeaway

Snowflake 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 Snowflake, AZ

How much do homes in Snowflake, AZ cost?

Median Sold Price

$388,500

$200/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$103,500(+36.3%)

Key Takeaway

Homes in Snowflake have sold for 36.3% more than they did a month ago.

Summary: The median home sold price in Snowflake was $388,500 in December 2024, up 36.3% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $285K$388.5K
+36.3%
4 --
N/A
5+ --
N/A

Summary: Snowflake housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 36.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Snowflake, AZ

How many homes are available in Snowflake, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
12120.0%

Summary: The Snowflake real estate market had 12 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 77
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Snowflake 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snowflake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Snowflake in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Snowflake, AZ

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

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days27 Days-37.2%

Summary: Homes in Snowflake had an average of 27 days on market in Dec 2024, down by 37.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Snowflake are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Snowflake; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

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