$3,495,000
2,150 SqFt
2 Beds
•2 Baths
Nikkie N Miller, Harley Hull, Listing Office: HomeSmart
Is Wittmann, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wittmann was a Buyer's Market.
Key Takeaway
Wittmann is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wittmann, AZ
How much do homes in Wittmann, AZ cost?
Median Sold Price
$525,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,950(-4.5%)
Key Takeaway
Homes in Wittmann have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Wittmann was $525,000 in October 2024, down 4.5% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $425K | $950K | +123.5% |
| 3 Bedrooms | $433.9K | $485K | +11.8% |
| 4 Bedrooms | $580K | $555K | -4.3% |
| 5+ Bedrooms | $695K | $570K | -18.0% |
Summary: Wittmann 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 increased by 123.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 18%.
Median Sold Price Compared To Nearby Cities
| Buckeye | $394.4K | $406.1K | +3.0% |
| Surprise | $424.9K | $433K | +1.9% |
| Wittmann | $549.9K | $525K | -4.5% |
| Morristown | $503.4K | $312.5K | -37.9% |
Housing Supply in Wittmann, AZ
How many homes are available in Wittmann, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 107 | +16.3% |
Summary: The Wittmann real estate market had 107 homes for sale in October 2024, a 16.3% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 48 | 49 | +2.1% |
| 4 Bedrooms | 33 | 44 | +33.3% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Wittmann 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 decreased by 100%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 22 | +266.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wittmann, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Wittmann in October 2024, up by 266.7% month-over-month. Of the 22 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Wittmann, AZ
How long does it take to sell a home in Wittmann, AZ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 106 Days | +44.9% |
Summary: Homes in Wittmann had an average of 106 days on market in Oct 2024, up by 44.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wittmann are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 22 homes were sold in Wittmann; 18% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.