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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tramonto is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Tramonto 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 Tramonto, AZ

How much do homes in Tramonto, AZ cost?

Median Sold Price

$617,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+5.1%)

Key Takeaway

Homes in Tramonto have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Tramonto was $617,000 in November 2024, up 5.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $317K$384K
+21.1%
3 $511.7K$517.5K
+1.1%
4 $627K$643.7K
+2.7%
5+ $655K$684K
+4.4%

Summary: Tramonto 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 increased by 21.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Neighborhoods

Tramonto
+5.1%
North Gateway
+1.4%

Housing Supply in Tramonto, AZ

How many homes are available in Tramonto, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3130-3.2%

Summary: The Tramonto real estate market had 30 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 78
+14.3%
4 1815
-16.7%
5+ 66
0.0%

Summary: The Tramonto 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 increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tramonto, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Tramonto in November 2024, the same as the previous month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tramonto, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days70 Days+14.7%

Summary: Homes in Tramonto had an average of 70 days on market in Nov 2024, up by 14.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Tramonto has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Tramonto; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 22 Days Ago

Newest Listings in Tramonto, AZ

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