Is 85635, 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, 85635 has remained a Seller's Market.
Housing Prices in 85635, AZ
How much do homes in 85635, AZ cost?
Median Sold Price
$260,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85635 was $260,000 in April 2024, up 2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.2K | $165K | 0.5% |
2 Bedrooms | $189K | $196K | +3.7% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $308.1K | $325K | +5.5% |
5+ Bedrooms | $368.5K | $375K | +1.8% |
Summary: 85635 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 3.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 85635, AZ
How many homes are available in 85635, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
183 | 190 | +3.8% |
Summary: The 85635 real estate market had 190 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 22 | 21 | -4.5% |
3 Bedrooms | 108 | 106 | -1.9% |
4 Bedrooms | 40 | 50 | +25.0% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 85635 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 decreased by 4.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 85635 in April 2024, up by 7.7% month-over-month. Of the 42 sold homes, 60% were sold under asking, 19% were sold at asking, and 21% were sold over asking.
Days on Market for 85635, AZ
How long does it take to sell a home in 85635, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 72 Days | -6.4% |
Summary: Homes in 85635 had an average of 72 days on market in Apr 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in 85635; 19% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.