Is Finley Farms, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Finley Farms has remained a Seller's Market.
Key Takeaway
Finley Farms is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Finley Farms, AZ
How much do homes in Finley Farms, AZ cost?
Median Sold Price
$527,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Finley Farms have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Finley Farms was $527,000 in June 2024, up 6.5% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $462K | $460K | -0.4% |
| 4 Bedrooms | $550K | $570K | +3.6% |
| 5+ Bedrooms | $728.7K | $745K | +2.2% |
Summary: Finley Farms housing prices by bedroom type for June 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 0.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Finley Farms South | $480K | $515K | +7.3% |
| Finley Farms | $495K | $527K | +6.5% |
Housing Supply in Finley Farms, AZ
How many homes are available in Finley Farms, AZ?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Finley Farms real estate market had 9 homes for sale in June 2024, a 10.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Finley Farms housing inventory by bedroom type for June 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 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Finley Farms, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Finley Farms in June 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 54 Days | 43 Days | -20.7% |
Summary: Homes in Finley Farms had an average of 43 days on market in Jun 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Finley Farms are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 3 homes were sold in Finley Farms; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.