Is 85013, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 85013 has remained a Seller's Market.
Housing Prices in 85013, AZ
How much do homes in 85013, AZ cost?
Median Sold Price
$507,125
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85013 was $507,125 in March 2024, up 13.5% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281K | $258K | -8.2% |
2 Bedrooms | $375K | $347K | -7.5% |
3 Bedrooms | $520.2K | $523K | 0.5% |
4 Bedrooms | $725K | $720K | -0.7% |
5+ Bedrooms | $1.8M | $1.6M | -11.1% |
Summary: 85013 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in 85013, AZ
How many homes are available in 85013, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 92 | +10.8% |
Summary: The 85013 real estate market had 92 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 29 | 32 | +10.3% |
3 Bedrooms | 27 | 27 | 0.0% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 85013 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 85013 in March 2024, down by 10.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for 85013, AZ
How long does it take to sell a home in 85013, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 42 Days | -31.8% |
Summary: Homes in 85013 had an average of 42 days on market in Mar 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 85013; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.