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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Willow has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Willow, AZ

How much do homes in Willow, AZ cost?

Median Sold Price

$552,500

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,433(+3.5%)

Key Takeaway

Homes in Willow have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Willow was $552,500 in November 2024, up 3.5% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $359K$356.7K
-0.6%
3 $465K$470K
+1.1%
4 $614.9K$654.9K
+6.5%
5+ $794.5K$820K
+3.2%

Summary: Willow 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 decreased by 0.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Neighborhoods

Deer Village
+13.7%
Westbrook Village
+7.0%
Willow
+3.5%
Fletcher Heights
0.0%

Housing Supply in Willow, AZ

How many homes are available in Willow, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
174159-8.6%

Summary: The Willow real estate market had 159 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 5649
-12.5%
4 8073
-8.8%
5+ 2421
-12.5%

Summary: The Willow 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 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4636-21.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Willow in November 2024, down by 21.7% month-over-month. Of the 36 sold homes, 72% were sold under asking, 19% were sold at asking, and 8% were sold over asking.

Days on Market for Willow, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days59 Days+36.1%

Summary: Homes in Willow had an average of 59 days on market in Nov 2024, up by 36.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 36 homes were sold in Willow; 31% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 22% 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 Willow, AZ

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