Is 85310, 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, 85310 has remained a Seller's Market.
Housing Prices in 85310, AZ
How much do homes in 85310, AZ cost?
Median Sold Price
$555,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85310 was $555,000 in March 2024, up 2.8% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $394.5K | $374K | -5.2% |
3 Bedrooms | $472.5K | $450K | -4.8% |
4 Bedrooms | $587.5K | $627.5K | +6.8% |
5+ Bedrooms | $765K | $867.5K | +13.4% |
Summary: 85310 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 5.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 85310, AZ
How many homes are available in 85310, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 90 | +13.9% |
Summary: The 85310 real estate market had 90 homes for sale in March 2024, a 13.9% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 27 | 36 | +33.3% |
4 Bedrooms | 38 | 39 | +2.6% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 85310 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 85310 in March 2024, up by 26.3% month-over-month. Of the 24 sold homes, 71% were sold under asking, 13% were sold at asking, and 17% were sold over asking.
Days on Market for 85310, AZ
How long does it take to sell a home in 85310, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 38 Days | -53.4% |
Summary: Homes in 85310 had an average of 38 days on market in Mar 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 85310; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.