Is 86314, 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, 86314 has remained a Seller's Market.
Housing Prices in 86314, AZ
How much do homes in 86314, AZ cost?
Median Sold Price
$447,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 86314 was $447,000 in March 2024, down 0.7% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $355K | $401K | +13.0% |
3 Bedrooms | $436K | $431.5K | -1.0% |
4 Bedrooms | $550K | $554.9K | +0.9% |
5+ Bedrooms | $586K | $625K | +6.7% |
Summary: 86314 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 13%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 86314, AZ
How many homes are available in 86314, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 52 | +30.0% |
Summary: The 86314 real estate market had 52 homes for sale in March 2024, a 30.0% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 23 | 30 | +30.4% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 86314 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 remained the same, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 86314 in March 2024, up by 100.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 86314, AZ
How long does it take to sell a home in 86314, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 64 Days | -8.3% |
Summary: Homes in 86314 had an average of 64 days on market in Mar 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 86314; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.