Is Finley Farms, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Finley Farms has remained a Seller's Market.
Housing Prices in Finley Farms, AZ
How much do homes in Finley Farms, AZ cost?
Median Sold Price
$485,380
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Finley Farms was $485,380 in February 2024, down 9.7% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $479.9K | $457K | -4.8% |
4 Bedrooms | $585K | $560K | -4.3% |
5+ Bedrooms | $737.5K | $703.7K | -4.6% |
Summary: Finley Farms housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Neighborhoods
Finley Farms South | $528.5K | $480K | -9.2% |
Finley Farms | $537.5K | $485.3K | -9.7% |
Housing Supply in Finley Farms, AZ
How many homes are available in Finley Farms, AZ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Summary: The Finley Farms real estate market had 4 homes for sale in February 2024, a 33.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Finley Farms housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Finley Farms in February 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Finley Farms, AZ
How long does it take to sell a home in Finley Farms, AZ?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
73 Days | 116 Days | +58.4% |
Summary: Homes in Finley Farms had an average of 116 days on market in Feb 2024, up by 58.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Finley Farms; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.