Is 85935, 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, 85935 has remained a Neutral Market.
Housing Prices in 85935, AZ
How much do homes in 85935, AZ cost?
Median Sold Price
$594,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 85935 was $594,000 in March 2024, up 13.1% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $450K | $322K | -28.4% |
3 Bedrooms | $497.5K | $589K | +18.4% |
4 Bedrooms | $645K | $751K | +16.4% |
5+ Bedrooms | $737.5K | $1.0M | +37.2% |
Summary: 85935 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 28.4%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 37.2%.
Housing Supply in 85935, AZ
How many homes are available in 85935, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 37 | +54.2% |
Summary: The 85935 real estate market had 37 homes for sale in March 2024, a 54.2% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 85935 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 increased by 100%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 85935 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 85935, AZ
How long does it take to sell a home in 85935, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 77 Days | +16.9% |
Summary: Homes in 85935 had an average of 77 days on market in Mar 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 85935; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.