Is 85143, 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, 85143 has remained a Seller's Market.
Housing Prices in 85143, AZ
How much do homes in 85143, AZ cost?
Median Sold Price
$400,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85143 was $400,000 in March 2024, down 4.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $425K | $431.4K | +1.5% |
3 Bedrooms | $400K | $364.9K | -8.8% |
4 Bedrooms | $442.5K | $424.4K | -4.1% |
5+ Bedrooms | $499.4K | $455K | -8.9% |
Summary: 85143 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in 85143, AZ
How many homes are available in 85143, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
409 | 413 | +1.0% |
Summary: The 85143 real estate market had 413 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 53 | 57 | +7.5% |
3 Bedrooms | 157 | 160 | +1.9% |
4 Bedrooms | 148 | 146 | -1.4% |
5+ Bedrooms | 51 | 50 | -2.0% |
Summary: The 85143 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 99 | +7.6% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in 85143 in March 2024, up by 7.6% month-over-month. Of the 99 sold homes, 42% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 85143, AZ
How long does it take to sell a home in 85143, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
78 Days | 65 Days | -17.6% |
Summary: Homes in 85143 had an average of 65 days on market in Mar 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During March 2024, 99 homes were sold in 85143; 29% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.