Is Broadmor, 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, Broadmor has remained a Seller's Market.
Housing Prices in Broadmor, AZ
How much do homes in Broadmor, AZ cost?
Median Sold Price
$587,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Broadmor was $587,500 in April 2024, up 6.8% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $220K | -18.5% |
2 Bedrooms | $350K | $292.5K | -16.4% |
3 Bedrooms | $553K | $572.5K | +3.5% |
4 Bedrooms | $640K | $712K | +11.3% |
5+ Bedrooms | - | - | N/A |
Summary: Broadmor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.5%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Broadmor | $550K | $587.5K | +6.8% |
Daley Park | $515K | $507.5K | -1.5% |
Housing Supply in Broadmor, AZ
How many homes are available in Broadmor, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Summary: The Broadmor real estate market had 5 homes for sale in April 2024, a 150.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 1 | +100.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Broadmor 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Broadmor in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Broadmor, AZ
How long does it take to sell a home in Broadmor, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 31 Days | -58.9% |
Summary: Homes in Broadmor had an average of 31 days on market in Apr 2024, down by 58.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Broadmor; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.