Is Superstition Springs, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Superstition Springs has remained a Seller's Market.
Housing Prices in Superstition Springs, AZ
How much do homes in Superstition Springs, AZ cost?
Median Sold Price
$492,500
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Superstition Springs was $492,500 in May 2024, up 3.7% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $352.7K | $353K | 0.1% |
3 Bedrooms | $460K | $460K | 0.0% |
4 Bedrooms | $500K | $560K | +12.0% |
5+ Bedrooms | $607.5K | $647.5K | +6.6% |
Summary: Superstition Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in Superstition Springs, AZ
How many homes are available in Superstition Springs, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 31 | -18.4% |
Summary: The Superstition Springs real estate market had 31 homes for sale in May 2024, a 18.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 20 | 17 | -15.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Superstition Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Superstition Springs in May 2024, down by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Superstition Springs, AZ
How long does it take to sell a home in Superstition Springs, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 25 Days | -66.0% |
Summary: Homes in Superstition Springs had an average of 25 days on market in May 2024, down by 66% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Superstition Springs; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.