Is 85282, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 85282 has remained a Seller's Market.
Housing Prices in 85282, AZ
How much do homes in 85282, AZ cost?
Median Sold Price
$441,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85282 was $441,500 in April 2024, up 4.3% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231K | $225K | -2.6% |
2 Bedrooms | $310K | $308K | -0.6% |
3 Bedrooms | $430K | $430.8K | 0.2% |
4 Bedrooms | $520K | $530K | +1.9% |
5+ Bedrooms | $595K | $625K | +5.0% |
Summary: 85282 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5%.
Housing Supply in 85282, AZ
How many homes are available in 85282, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 152 | +7.8% |
Summary: The 85282 real estate market had 152 homes for sale in April 2024, a 7.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 10 | +42.9% |
2 Bedrooms | 28 | 25 | -10.7% |
3 Bedrooms | 56 | 62 | +10.7% |
4 Bedrooms | 44 | 49 | +11.4% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 85282 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 34 | -22.7% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 85282 in April 2024, down by 22.7% month-over-month. Of the 34 sold homes, 82% were sold under asking, 12% were sold at asking, and 6% were sold over asking.
Days on Market for 85282, AZ
How long does it take to sell a home in 85282, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 57 Days | +25.6% |
Summary: Homes in 85282 had an average of 57 days on market in Apr 2024, up by 25.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in 85282; 38% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.