Is 85335, 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, 85335 has remained a Seller's Market.
Housing Prices in 85335, AZ
How much do homes in 85335, AZ cost?
Median Sold Price
$359,966
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85335 was $359,966 in March 2024, down 6.5% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $316.7K | $315K | -0.6% |
3 Bedrooms | $369.9K | $349K | -5.7% |
4 Bedrooms | $415K | $375K | -9.6% |
5+ Bedrooms | $435K | $452.4K | +4.0% |
Summary: 85335 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 0.6%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 4%.
Housing Supply in 85335, AZ
How many homes are available in 85335, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 78 | -14.3% |
Summary: The 85335 real estate market had 78 homes for sale in March 2024, a 14.3% decrease 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 | 2 | 1 | -50.0% |
3 Bedrooms | 52 | 50 | -3.8% |
4 Bedrooms | 31 | 24 | -22.6% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 85335 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 50%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 85335 in March 2024, up by 7.1% month-over-month. Of the 30 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 85335, AZ
How long does it take to sell a home in 85335, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 49 Days | -24.5% |
Summary: Homes in 85335 had an average of 49 days on market in Mar 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in 85335; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.