$4,572 Closing Credit*
$385,000
1,476 SqFt
2 Beds
•2 Baths
William G Barker, William John Barker, Listing Office: HomeSmart
Is Sunland Village East, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$400,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,500(+8.0%)
Key Takeaway
Homes in Sunland Village East have sold for 8% more than they did a year ago.
Summary: The median home sold price in Sunland Village East was $400,000 in October 2024, up 8% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277.5K | $285K | +2.7% |
| 2 Bedrooms | $365K | $386K | +5.8% |
| 3 Bedrooms | $445K | $460K | +3.4% |
| 4 Bedrooms | $520K | $579.9K | +11.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sunland Village East housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Sunland Village East | $370.5K | $400K | +8.0% |
| Superstition Springs | $463.5K | $487.5K | +5.2% |
Housing Supply in Sunland Village East, AZ
How many homes are available in Sunland Village East, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The Sunland Village East real estate market had 37 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 24 | 25 | +4.2% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunland Village East housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sunland Village East, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Sunland Village East in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 66 Days | +1.7% |
Summary: Homes in Sunland Village East had an average of 66 days on market in Oct 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunland Village East are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Sunland Village East; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.