Is 85382, 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, 85382 has remained a Seller's Market.
Housing Prices in 85382, AZ
How much do homes in 85382, AZ cost?
Median Sold Price
$451,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85382 was $451,000 in March 2024, down 3% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $201K | N/A |
2 Bedrooms | $395K | $375K | -5.1% |
3 Bedrooms | $460K | $450K | -2.2% |
4 Bedrooms | $524K | $531K | +1.3% |
5+ Bedrooms | $677.5K | $600K | -11.4% |
Summary: 85382 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 5.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in 85382, AZ
How many homes are available in 85382, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
188 | 189 | +0.5% |
Summary: The 85382 real estate market had 189 homes for sale in March 2024, a 0.5% increase 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 | 64 | 60 | -6.3% |
3 Bedrooms | 64 | 61 | -4.7% |
4 Bedrooms | 49 | 55 | +12.2% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 85382 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 6.3%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 60 | +17.6% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in 85382 in March 2024, up by 17.6% month-over-month. Of the 60 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for 85382, AZ
How long does it take to sell a home in 85382, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 60 Days | -5.9% |
Summary: Homes in 85382 had an average of 60 days on market in Mar 2024, down by 5.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 60 homes were sold in 85382; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.