Tanque Verde, AZ Housing Market & Real Estate

Leaning buyer's+7.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Tanque Verde, AZ is $686,500, up 7.3% year-over-year. Homes sell in an average of 85 days with 97 active listings. The market is currently a leaning buyer's.

$686,500median sale price

Is Tanque Verde a buyer's or seller's market?

Leaning buyer's4.0 months of supply85 avg. days on market

Tanque Verde, AZ is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 85 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

85

Average pace

Active listings

97

4.0 months supply

Sale-to-list

97.0%

Below asking

Tanque Verde, AZ market data

Current housing market statistics for Tanque Verde, AZ
MetricValue
Median sale price$686,500
Median list price$699,000
Year-over-year price change+7.3%
Average days on market85 days
Active inventory97 listings
Months of supply4.0 months
Sale-to-list price ratio97.0%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Tanque Verde housing market is currently classified as a leaning buyer's with a median sale price of $686,500. Prices have risen 7.3% compared to last year, with homes spending an average of 85 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Tanque Verde

There are currently 97 homes listed for sale in Tanque Verde, Arizona. The median listing price is $699K.

Active listings

97

Homes on market

Median list price

$699K

Avg. days on market

85

Days until sale

New this week

27

Newly listed

Price drops:30.9%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in Tanque Verde?

The median home sale price in Tanque Verde is $686,500, up 7.3% from last year.

How long do homes stay on market in Tanque Verde?

Homes typically spend 85 days on market before going under contract.

Is Tanque Verde a buyer's or seller's market?

With 4.0 months of supply, Tanque Verde is currently a leaning buyer's.

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