Is 85139, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 85139 has remained a Seller's Market.
Housing Prices in 85139, AZ
How much do homes in 85139, AZ cost?
Median Sold Price
$344,995
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 85139 was $344,995 in February 2024, down 11.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $265K | $288.6K | +8.9% |
3 Bedrooms | $370K | $323.5K | -12.6% |
4 Bedrooms | $396K | $365K | -7.8% |
5+ Bedrooms | $458K | $409.9K | -10.5% |
Summary: 85139 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in 85139, AZ
How many homes are available in 85139, AZ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
124 | 151 | +21.8% |
Summary: The 85139 real estate market had 151 homes for sale in February 2024, a 21.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 49 | 65 | +32.7% |
4 Bedrooms | 43 | 55 | +27.9% |
5+ Bedrooms | 23 | 22 | -4.3% |
Summary: The 85139 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 28 | +133.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 85139 in February 2024, up by 133.3% month-over-month. Of the 28 sold homes, 39% were sold under asking, 54% were sold at asking, and 7% were sold over asking.
Days on Market for 85139, AZ
How long does it take to sell a home in 85139, AZ?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
106 Days | 102 Days | -3.9% |
Summary: Homes in 85139 had an average of 102 days on market in Feb 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During February 2024, 28 homes were sold in 85139; 7% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.