Is 86301, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 86301 was a Seller's Market.
Housing Prices in 86301, AZ
How much do homes in 86301, AZ cost?
Median Sold Price
$551,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 86301 was $551,000 in March 2024, down 0.5% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | - | N/A |
2 Bedrooms | $412.5K | $415K | +0.6% |
3 Bedrooms | $625K | $602.5K | -3.6% |
4 Bedrooms | $849K | $535K | -37.0% |
5+ Bedrooms | $900K | $729K | -19.0% |
Summary: 86301 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 increased by 0.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes decreased by 19%.
Housing Supply in 86301, AZ
How many homes are available in 86301, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 73 | +15.9% |
Summary: The 86301 real estate market had 73 homes for sale in March 2024, a 15.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 17 | +30.8% |
3 Bedrooms | 31 | 38 | +22.6% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 86301 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 30.8%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 86301 in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for 86301, AZ
How long does it take to sell a home in 86301, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 65 Days | -8.9% |
Summary: Homes in 86301 had an average of 65 days on market in Mar 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 86301; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.