Is Waddell, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Waddell has remained a Seller's Market.
Housing Prices in Waddell, AZ
How much do homes in Waddell, AZ cost?
Median Sold Price
$470,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Waddell was $470,000 in April 2024, down 10.5% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $904.9K | $650K | -28.2% |
3 Bedrooms | $505K | $435K | -13.9% |
4 Bedrooms | $504.9K | $485.9K | -3.8% |
5+ Bedrooms | $595K | $506.3K | -14.9% |
Summary: Waddell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.2%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in Waddell, AZ
How many homes are available in Waddell, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
171 | 167 | -2.3% |
Summary: The Waddell real estate market had 167 homes for sale in April 2024, a 2.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 14 | -26.3% |
3 Bedrooms | 62 | 68 | +9.7% |
4 Bedrooms | 65 | 61 | -6.2% |
5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Waddell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 39 | +21.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Waddell in April 2024, up by 21.9% month-over-month. Of the 39 sold homes, 49% were sold under asking, 33% were sold at asking, and 18% were sold over asking.
Days on Market for Waddell, AZ
How long does it take to sell a home in Waddell, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 81 Days | +35.1% |
Summary: Homes in Waddell had an average of 81 days on market in Apr 2024, up by 35.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in Waddell; 31% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.