Is 85266, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 85266 was a Seller's Market.
Housing Prices in 85266, AZ
How much do homes in 85266, AZ cost?
Median Sold Price
$1,200,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85266 was $1,200,000 in March 2024, up 2.6% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $252.5K | N/A |
2 Bedrooms | $854K | $845K | -1.1% |
3 Bedrooms | $1.0M | $1.1M | +16.0% |
4 Bedrooms | $1.5M | $1.6M | +9.0% |
5+ Bedrooms | $1.8M | $1.9M | +4.1% |
Summary: 85266 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 1.1%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 85266, AZ
How many homes are available in 85266, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
244 | 243 | -0.4% |
Summary: The 85266 real estate market had 243 homes for sale in March 2024, a 0.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 38 | 34 | -10.5% |
3 Bedrooms | 96 | 98 | +2.1% |
4 Bedrooms | 69 | 69 | 0.0% |
5+ Bedrooms | 40 | 41 | +2.5% |
Summary: The 85266 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 decreased by 10.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 38 | +8.6% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 85266 in March 2024, up by 8.6% month-over-month. Of the 38 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for 85266, AZ
How long does it take to sell a home in 85266, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 83 Days | -11.5% |
Summary: Homes in 85266 had an average of 83 days on market in Mar 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in 85266; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.