Is Sunland Village East, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunland Village East is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Sunland Village East has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sunland Village East, AZ

How much do homes in Sunland Village East, AZ cost?

Median Sold Price

$410,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$45,000(+12.3%)

Key Takeaway

Homes in Sunland Village East have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Sunland Village East was $410,000 in December 2024, up 12.3% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $280K$300K
+7.1%
2 $365K$386K
+5.8%
3 $445K$472.9K
+6.3%
4 -$579.9K
N/A
5+ --
N/A

Summary: Sunland Village East housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sunland Village East
+12.3%
Casa Mia
+6.1%
Superstition Springs
+5.4%

Housing Supply in Sunland Village East, AZ

How many homes are available in Sunland Village East, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4037-7.5%

Summary: The Sunland Village East real estate market had 37 homes for sale in December 2024, a 7.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 34
+33.3%
2 2325
+8.7%
3 96
-33.3%
4 42
-50.0%
5+ 10
-100.0%

Summary: The Sunland Village East housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunland Village East, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sunland Village East in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Sunland Village East, AZ

How long does it take to sell a home in Sunland Village East, AZ?

Average Sale Time

Dec 2023Dec 2024CHANGE
14 Days41 Days+187.7%

Summary: Homes in Sunland Village East had an average of 41 days on market in Dec 2024, up by 187.7% 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 Sunland Village East has remained consistent over time.

Summary: During December 2024, 7 homes were sold in Sunland Village East; 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 2 Days Ago

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