$3,313 Closing Credit*
$279,000
1,576 SqFt
4 Beds
•3 Baths
Brittany M Meyer, Listing Office: DPR Realty LLC
Is The Oasis at Magic Ranch, 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, The Oasis at Magic Ranch has remained a Seller's Market.
Key Takeaway
The Oasis at Magic Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Oasis at Magic Ranch, AZ
How much do homes in The Oasis at Magic Ranch, AZ cost?
Median Sold Price
$300,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.7%)
Key Takeaway
Homes in The Oasis at Magic Ranch have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in The Oasis at Magic Ranch was $300,000 in October 2024, up 1.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | - | N/A |
| 3 Bedrooms | $275K | $280K | +1.8% |
| 4 Bedrooms | $309K | $318K | +2.9% |
| 5+ Bedrooms | $329.5K | $305K | -7.4% |
Summary: The Oasis at Magic Ranch housing prices by bedroom type for October 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 1.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 7.4%.
Housing Supply in The Oasis at Magic Ranch, AZ
How many homes are available in The Oasis at Magic Ranch, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 39 | +34.5% |
Summary: The The Oasis at Magic Ranch real estate market had 39 homes for sale in October 2024, a 34.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 12 | 21 | +75.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The The Oasis at Magic Ranch 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 increased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Oasis at Magic Ranch, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in The Oasis at Magic Ranch in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for The Oasis at Magic Ranch, AZ
How long does it take to sell a home in The Oasis at Magic Ranch, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 61 Days | +59.1% |
Summary: Homes in The Oasis at Magic Ranch had an average of 61 days on market in Oct 2024, up by 59.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Oasis at Magic Ranch are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in The Oasis at Magic Ranch; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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