Is 85373, 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, 85373 has remained a Seller's Market.
Housing Prices in 85373, AZ
How much do homes in 85373, AZ cost?
Median Sold Price
$346,833
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85373 was $346,833 in March 2024, down 6.3% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $213K | $192.4K | -9.6% |
2 Bedrooms | $330K | $305K | -7.6% |
3 Bedrooms | $426.5K | $410K | -3.9% |
4 Bedrooms | $513.5K | $480K | -6.5% |
5+ Bedrooms | $567.5K | $526.5K | -7.2% |
Summary: 85373 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in 85373, AZ
How many homes are available in 85373, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 161 | +22.0% |
Summary: The 85373 real estate market had 161 homes for sale in March 2024, a 22.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 87 | 97 | +11.5% |
3 Bedrooms | 26 | 43 | +65.4% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 85373 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 65.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 85373 in March 2024, the same as the previous month. Of the 31 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for 85373, AZ
How long does it take to sell a home in 85373, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 61 Days | -26.5% |
Summary: Homes in 85373 had an average of 61 days on market in Mar 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in 85373; 32% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.