The Sonoran housing market is somewhat competitive. The median sale price of a home in Sonoran was $613K last month, down 21.0% since last year. The median sale price per square foot in Sonoran is $377, up 9.1% since last year.
In March 2024, Sonoran home prices were down 21.0% compared to last year, selling for a median price of $613K. On average, homes in Sonoran sell after 37 days on the market compared to 46 days last year. There were 8 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$612,500
-21.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sonoran, AZ
$612,500
-21.0%
United States
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How hot is the Sonoran housing market?
Sonoran is somewhat competitive. Homes sell in 37.5 days.
0
100
48
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 24 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.
Risk Factor
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sonoran has a minor risk of flooding. 201 properties in Sonoran are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Sonoran. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sonoran has a major risk of wildfire. There are 1,435 properties in Sonoran that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Sonoran.