The Sonoran housing market is somewhat competitive. The median sale price of a home in Sonoran was $988K last month, up 53.8% since last year. The median sale price per square foot in Sonoran is $315, down 20.3% since last year.
In October 2024, Sonoran home prices were up 53.8% compared to last year, selling for a median price of $988K. On average, homes in Sonoran sell after 86 days on the market compared to 26 days last year. There were 6 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$988,000
+53.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Sonoran, AZ
$988,000
+53.8%
United States
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How hot is the Sonoran housing market?
Sonoran is somewhat competitive. Homes sell in 67 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 67 days.
Hot homes
can sell for about 1% below list price and go pending in around 52 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sonoran housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sonoran.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sonoran has a minor risk of flooding. 139 properties in Sonoran are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Sonoran. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sonoran has a moderate risk of wildfire. There are 1,474 properties in Sonoran that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Sonoran.