About Tonopah Arizona Homes
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Tonopah Arizona Homes are found in the far West Side, West of Buckeye, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (43) homes available in Tonopah today.
Our February property sales were 3, down from 5 in February of 2019 and 200.0% higher than the 1 sales last month. February 2020 sales were at a mid level compared to February of 2019 and 2018. February YTD sales of 4 are running -50.0% behind last year’s year-to-date sales of 8. (more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Tonopah, AZ
Monthly Market Report
The median sales price in February was $249,000, up 13.2% from $220,000 in February of 2019 and up 1.7% from $244,900 last month. The average sales price in February was $258,000, up 4.9% from $246,000 in February of 2019 and up 5.3% from $244,900 last month. February 2020 ASP was at highest level compared to February of 2019 and 2018.
The total inventory of properties available for sale as of February was 23, up 27.8% from 18 last month and up 27.8% from 18 in February of last year. February 2020 Inventory was at highest level compared to February of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for February was 51, up from 16 days last month and down from 123 days in February of last year. The February 2020 DOM was at its lowest level compared with February of 2019 and 2018.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The February 2020 selling price per square foot of $152 was equal to $152 last month and up 15.2% from $132 in February of last year.