Is 85339, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 85339 has remained a Seller's Market.
Housing Prices in 85339, AZ
How much do homes in 85339, AZ cost?
Median Sold Price
$439,406
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 85339 was $439,406 in February 2024, down 4.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $358K | $375K | +4.7% |
3 Bedrooms | $430K | $402.9K | -6.3% |
4 Bedrooms | $469.9K | $463.3K | -1.4% |
5+ Bedrooms | $515K | $517.5K | 0.5% |
Summary: 85339 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 85339, AZ
How many homes are available in 85339, AZ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
203 | 198 | -2.5% |
Summary: The 85339 real estate market had 198 homes for sale in February 2024, a 2.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 63 | 67 | +6.3% |
4 Bedrooms | 103 | 97 | -5.8% |
5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The 85339 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 48 | +4.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 85339 in February 2024, up by 4.3% month-over-month. Of the 48 sold homes, 46% were sold under asking, 38% were sold at asking, and 17% were sold over asking.
Days on Market for 85339, AZ
How long does it take to sell a home in 85339, AZ?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 61 Days | -21.2% |
Summary: Homes in 85339 had an average of 61 days on market in Feb 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During February 2024, 48 homes were sold in 85339; 25% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.