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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Superior is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Superior has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Superior, AZ

How much do homes in Superior, AZ cost?

Median Sold Price

$235,750

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$50,250(-17.6%)

Key Takeaway

Homes in Superior have sold for 17.6% less than they did a month ago.

Summary: The median home sold price in Superior was $235,750 in October 2024, down 17.6% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$215K
N/A
2 $231.4K$260K
+12.4%
3 -$199.9K
N/A
4 $310K$256.5K
-17.3%
5+ --
N/A

Summary: Superior housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes did not change.

Housing Supply in Superior, AZ

How many homes are available in Superior, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Superior real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 35
+66.7%
4 21
-50.0%
5+ 00
0.0%

Summary: The Superior 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 decreased by 20%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Superior, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Superior in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Superior, AZ

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

Average Sale Time

Sep 2024Oct 2024CHANGE
59 Days107 Days+81.8%

Summary: Homes in Superior had an average of 107 days on market in Oct 2024, up by 81.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Superior has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Superior; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Superior, AZ

Nearby Markets to Superior, AZ

What housing markets are near Superior, AZ?