Is Westbrook Village, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westbrook Village is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Westbrook Village 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 Westbrook Village, AZ

How much do homes in Westbrook Village, AZ cost?

Median Sold Price

$428,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+7.0%)

Key Takeaway

Homes in Westbrook Village have sold for 7% more than they did a year ago.

Summary: The median home sold price in Westbrook Village was $428,000 in November 2024, up 7% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$201K
N/A
2 $387.5K$403K
+4.0%
3 $476.5K$555K
+16.5%
4 $560K-
N/A
5+ --
N/A

Summary: Westbrook Village 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 4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Westbrook Village
+7.0%
Dove Valley
+6.3%
Ironwood
+5.4%
Willow
+3.5%
Parkridge
+1.6%

Housing Supply in Westbrook Village, AZ

How many homes are available in Westbrook Village, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7987+10.1%

Summary: The Westbrook Village real estate market had 87 homes for sale in November 2024, a 10.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 5766
+15.8%
3 2019
-5.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Westbrook Village 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 15.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westbrook Village, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Westbrook Village in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for Westbrook Village, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days30 Days-24.0%

Summary: Homes in Westbrook Village had an average of 30 days on market in Nov 2024, down by 24% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Westbrook Village are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Westbrook Village; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in Westbrook Village, AZ

Nearby Markets to Westbrook Village, AZ