Is 85379, 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, 85379 has remained a Seller's Market.
Housing Prices in 85379, AZ
How much do homes in 85379, AZ cost?
Median Sold Price
$433,900
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85379 was $433,900 in April 2024, down 3.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $320K | $335K | +4.7% |
3 Bedrooms | $413.5K | $399K | -3.5% |
4 Bedrooms | $485K | $474.5K | -2.2% |
5+ Bedrooms | $560K | $552.5K | -1.3% |
Summary: 85379 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 increased by 4.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in 85379, AZ
How many homes are available in 85379, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
215 | 234 | +8.8% |
Summary: The 85379 real estate market had 234 homes for sale in April 2024, a 8.8% increase 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 | 5 | 5 | 0.0% |
3 Bedrooms | 94 | 97 | +3.2% |
4 Bedrooms | 78 | 91 | +16.7% |
5+ Bedrooms | 38 | 41 | +7.9% |
Summary: The 85379 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 remained the same, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 59 | +40.5% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in 85379 in April 2024, up by 40.5% month-over-month. Of the 59 sold homes, 47% were sold under asking, 32% were sold at asking, and 20% were sold over asking.
Days on Market for 85379, AZ
How long does it take to sell a home in 85379, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 57 Days | -21.9% |
Summary: Homes in 85379 had an average of 57 days on market in Apr 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 59 homes were sold in 85379; 24% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.