Is 86336, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 86336 was a Seller's Market.
Key Takeaway
86336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 86336, AZ
How much do homes in 86336, AZ cost?
Median Sold Price
$651,789
$385/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 86336 have sold for 38.7% less than they did a month ago.
Summary: The median home sold price in 86336 was $651,789 in March 2024, down 38.7% from last month, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $760K | $651.7K | -14.2% |
| 3 Bedrooms | $1.2M | $690K | -42.5% |
| 4 Bedrooms | $1.3M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 86336 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes decreased by 42.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 86336, AZ
How many homes are available in 86336, AZ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Summary: The 86336 real estate market had 39 homes for sale in March 2024, a 18.2% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 86336 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 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 86336, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 86336 in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 86336, AZ
How long does it take to sell a home in 86336, AZ?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 106 Days | 23 Days | -78.1% |
Summary: Homes in 86336 had an average of 23 days on market in Mar 2024, down by 78.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 86336 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 86336; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.