Is Fletcher Heights, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fletcher Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fletcher Heights has remained a Seller's Market.

Key Takeaway

Fletcher Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fletcher Heights, AZ

How much do homes in Fletcher Heights, AZ cost?

Median Sold Price

$536,000

$263/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$6,100(+1.2%)

Key Takeaway

Homes in Fletcher Heights have sold for 1.2% more than they did a month ago.

Summary: The median home sold price in Fletcher Heights was $536,000 in April 2024, up 1.2% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $611.2K$500K
-18.2%
4 $522.4K$536K
+2.6%
5+ $820K$630K
-23.2%

Summary: Fletcher Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 23.2%.

Housing Supply in Fletcher Heights, AZ

How many homes are available in Fletcher Heights, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
28280.0%

Summary: The Fletcher Heights real estate market had 28 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1013
+30.0%
4 1513
-13.3%
5+ 32
-33.3%

Summary: The Fletcher Heights 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 30%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fletcher Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Fletcher Heights in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for Fletcher Heights, AZ

How long does it take to sell a home in Fletcher Heights, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
66 Days28 Days-57.4%

Summary: Homes in Fletcher Heights had an average of 28 days on market in Apr 2024, down by 57.4% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fletcher Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Fletcher Heights; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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