Is Tartesso West, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tartesso West is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tartesso West was a Seller's Market.

Key Takeaway

Tartesso West 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 Tartesso West, AZ

How much do homes in Tartesso West, AZ cost?

Median Sold Price

$390,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.6%)

Key Takeaway

Homes in Tartesso West have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Tartesso West was $390,000 in November 2024, up 2.6% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $345K$350K
+1.4%
4 $390K$400K
+2.6%
5+ $450K$464.5K
+3.2%

Summary: Tartesso West housing prices by bedroom type for November 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 increased by 1.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in Tartesso West, AZ

How many homes are available in Tartesso West, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7075+7.1%

Summary: The Tartesso West real estate market had 75 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1719
+11.8%
4 4145
+9.8%
5+ 1211
-8.3%

Summary: The Tartesso West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tartesso West, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Tartesso West in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.

Days on Market for Tartesso West, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days84 Days+57.3%

Summary: Homes in Tartesso West had an average of 84 days on market in Nov 2024, up by 57.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 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 Tartesso West has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Tartesso West; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

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