The real estate market in Apache Junction, Arizona, has seen some significant shifts over the past year. Whether you’re looking to buy, sell, or invest, understanding the latest market trends is essential. Here’s an in-depth look at the February 2025 residential market statistics and what they mean for you.
Key Market Insights – February 2025
1. Active Listings Surge by 70.8% The number of active listings in Apache Junction has skyrocketed, rising by 70.8% compared to February 2024. This increase means that more inventory is available for buyers, creating more choices and slightly easing the competition in the market.
2. Sold Listings Increase by 53.3% Despite the surge in active listings, sold listings have also increased by 53.3% year over year. This growth reflects strong buyer demand, demonstrating that well-priced and attractive properties are still moving quickly.
3. Months of Supply Up by 11.4% The months of supply have grown by 11.4%, now sitting at 3.76 months. While this increase signals a more balanced market, it still leans slightly in favor of sellers. Buyers can take advantage of the added inventory, but staying competitive is key.
4. Median Sale Price per Square Foot Down by 2.4% The median sale price per square foot in Apache Junction has decreased slightly to $248.01 from $254.04. This modest drop may indicate a stabilizing market, offering potential buyers a bit more breathing room in their budgets.
5. Median Days on Market Up by 32% Homes in Apache Junction are taking longer to sell, with the median days on market climbing from 50 to 66 days. This trend might be a result of increased inventory or more cautious buyers navigating the current economic environment. What Does This Mean for Apache Junction Buyers and Sellers? For buyers the increase in active listings means more choices and a bit of leverage during negotiations. However, with strong sales activity, it’s crucial to act decisively when you find a property that fits your needs. For sellers pricing your home right and presenting it well are more important than ever. While the market is balancing out, demand is still strong, and homes that stand out with quality marketing and professional staging are more likely to sell quickly.