Is Carefree, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Carefree was a Seller's Market.
Housing Prices in Carefree, AZ
How much do homes in Carefree, AZ cost?
Median Sold Price
$1,000,000
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carefree was $1,000,000 in April 2024, down 20.8% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $252.4K | $265K | +5.0% |
2 Bedrooms | $600K | $700K | +16.7% |
3 Bedrooms | $1.2M | $1.0M | -16.9% |
4 Bedrooms | $1.6M | $1.5M | -6.0% |
5+ Bedrooms | $1.8M | $1.8M | +1.4% |
Summary: Carefree housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Tonto National Forest | $1.2M | $1.3M | +11.2% |
Deer Valley | $600.6K | $615.8K | +2.5% |
Scottsdale | $810.4K | $823.4K | +1.6% |
Cave Creek | $797.4K | $805.4K | +1.0% |
Carefree | $1.2M | $1.0M | -20.8% |
Housing Supply in Carefree, AZ
How many homes are available in Carefree, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 89 | -3.3% |
Summary: The Carefree real estate market had 89 homes for sale in April 2024, a 3.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Carefree housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Carefree in April 2024, down by 18.8% month-over-month. Of the 13 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for Carefree, AZ
How long does it take to sell a home in Carefree, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 100 Days | +86.0% |
Summary: Homes in Carefree had an average of 100 days on market in Apr 2024, up by 86% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Carefree; 23% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.