Is 85326, 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, 85326 has remained a Seller's Market.
Housing Prices in 85326, AZ
How much do homes in 85326, AZ cost?
Median Sold Price
$377,161
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85326 was $377,161 in March 2024, down 6.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $615K | $225K | -63.4% |
2 Bedrooms | $365K | $346K | -5.2% |
3 Bedrooms | $379.1K | $354.7K | -6.4% |
4 Bedrooms | $417.9K | $389.2K | -6.9% |
5+ Bedrooms | $453.6K | $415K | -8.5% |
Summary: 85326 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.4%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 85326, AZ
How many homes are available in 85326, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
464 | 468 | +0.9% |
Summary: The 85326 real estate market had 468 homes for sale in March 2024, a 0.9% 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 | 27 | 27 | 0.0% |
3 Bedrooms | 183 | 195 | +6.6% |
4 Bedrooms | 217 | 208 | -4.1% |
5+ Bedrooms | 37 | 38 | +2.7% |
Summary: The 85326 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 6.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 | 126 | +14.5% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 126 homes were sold or pending in 85326 in March 2024, up by 14.5% month-over-month. Of the 126 sold homes, 36% were sold under asking, 40% were sold at asking, and 24% were sold over asking.
Days on Market for 85326, AZ
How long does it take to sell a home in 85326, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 50 Days | -24.8% |
Summary: Homes in 85326 had an average of 50 days on market in Mar 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During March 2024, 126 homes were sold in 85326; 47% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.