Is 85353, 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, 85353 has remained a Seller's Market.
Housing Prices in 85353, AZ
How much do homes in 85353, AZ cost?
Median Sold Price
$414,946
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85353 was $414,946 in April 2024, up 0.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $299K | $275K | -8.0% |
3 Bedrooms | $395K | $385K | -2.5% |
4 Bedrooms | $421.9K | $422K | 0.0% |
5+ Bedrooms | $469.9K | $466.9K | -0.6% |
Summary: 85353 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 85353, AZ
How many homes are available in 85353, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
263 | 251 | -4.6% |
Summary: The 85353 real estate market had 251 homes for sale in April 2024, a 4.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 87 | 85 | -2.3% |
4 Bedrooms | 131 | 122 | -6.9% |
5+ Bedrooms | 45 | 43 | -4.4% |
Summary: The 85353 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 4.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 61 | -3.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 85353 in April 2024, down by 3.2% month-over-month. Of the 61 sold homes, 23% were sold under asking, 44% were sold at asking, and 33% were sold over asking.
Days on Market for 85353, AZ
How long does it take to sell a home in 85353, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 46 Days | -25.4% |
Summary: Homes in 85353 had an average of 46 days on market in Apr 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 61 homes were sold in 85353; 48% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.