Is 85213, 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, 85213 has remained a Seller's Market.
Housing Prices in 85213, AZ
How much do homes in 85213, AZ cost?
Median Sold Price
$550,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85213 was $550,000 in March 2024, down 0.3% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $290K | $289.5K | -0.2% |
3 Bedrooms | $441.8K | $452K | +2.3% |
4 Bedrooms | $625K | $615K | -1.6% |
5+ Bedrooms | $927.5K | $960K | +3.5% |
Summary: 85213 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 decreased by 0.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 85213, AZ
How many homes are available in 85213, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 102 | +4.1% |
Summary: The 85213 real estate market had 102 homes for sale in March 2024, a 4.1% 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 | 11 | 17 | +54.5% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 37 | 34 | -8.1% |
5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The 85213 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 54.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 85213 in March 2024, up by 18.5% month-over-month. Of the 32 sold homes, 63% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for 85213, AZ
How long does it take to sell a home in 85213, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 59 Days | -30.1% |
Summary: Homes in 85213 had an average of 59 days on market in Mar 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 85213; 47% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.