Candlewood Estates Housing Market Report April 2025•Maricopa County, Arizona

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Housing Prices in Candlewood Estates, AZ

How much do homes in Candlewood Estates, AZ cost?

Housing Market Conditions

Is Candlewood Estates, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Candlewood Estates is a Buyer's Market

Difference Since March 2025

Last month, Candlewood Estates has remained a Buyer's Market.

Insight

Candlewood Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,000,000$349/SqFt
-$975,000
-49.4%

Based on all homes sold in April 2025

Insight

Homes in Candlewood Estates have sold for 49.4% less than they did a month ago.

Summary: The median home sold price in Candlewood Estates was $1,000,000 in April 2025, down 49.4% from last month, and the median price per square foot was $349.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2--
N/A
3$1.9M$1.0M
-49.4%
4--
N/A
5--
N/A

Summary: Candlewood Estates housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -49.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Candlewood Estates, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Candlewood Estates, AZ

Housing supply in Candlewood Estates, AZ

How many homes are available in Candlewood Estates, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
13Last MonthApr 2025
92 months agoMar 2025
+44.4 %
Change MoMMar – Apr

Summary: The Candlewood Estates real estate market had 13 homes for sale in Apr 2025, a 44.4 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
200
0.0%
344
0.0%
425
+150.0%
534
+33.3%

Summary: Candlewood Estates housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +150.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Candlewood Estates, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Candlewood Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Candlewood Estates in April 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Candlewood Estates, AZ

How long does it take to sell a home in Candlewood Estates, AZ?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Candlewood Estates has remained consistent over time.

Summary: During April 2025, 1 homes were sold in Candlewood Estates; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
42 DaysLast MonthApr 2025
61 Days1 month agoMar 2025
-31.1 %
Change MoMMar – Apr

Summary: Homes in Candlewood Estates had an average listing age of 42 days in Apr 2025, down by 31.1% compared to the previous month.

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Newest Listings in Candlewood Estates, AZ

What homes are available in Candlewood Estates, AZ?

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MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, for the period 03/01/2025 - 05/01/2025

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.