Is Wittmann, 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, Wittmann has remained a Seller's Market.
Housing Prices in Wittmann, AZ
How much do homes in Wittmann, AZ cost?
Median Sold Price
$550,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wittmann was $550,000 in April 2024, up 0.2% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $415K | $800K | +92.8% |
3 Bedrooms | $428K | $482.4K | +12.7% |
4 Bedrooms | $569.9K | $576.9K | +1.2% |
5+ Bedrooms | $715K | $655K | -8.4% |
Summary: Wittmann 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 increased by 92.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
Morristown | $263K | $375K | +42.6% |
Wittmann | $549K | $550K | 0.2% |
Surprise | $444.5K | $429.8K | -3.3% |
Buckeye | $422.8K | $399.9K | -5.4% |
Housing Supply in Wittmann, AZ
How many homes are available in Wittmann, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 103 | +2.0% |
Summary: The Wittmann real estate market had 103 homes for sale in April 2024, a 2.0% increase 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 | 0 | 3 | +100.0% |
3 Bedrooms | 52 | 49 | -5.8% |
4 Bedrooms | 43 | 44 | +2.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Wittmann 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 increased by 100%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Wittmann in April 2024, down by 24.0% month-over-month. Of the 19 sold homes, 53% were sold under asking, 32% were sold at asking, and 16% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
137 Days | 71 Days | -48.1% |
Summary: Homes in Wittmann had an average of 71 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Wittmann; 26% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.