Is Globe, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Globe was a Seller's Market.
Housing Prices in Globe, AZ
How much do homes in Globe, AZ cost?
Median Sold Price
$199,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Globe was $199,500 in March 2024, down 12.9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59.9K | $75K | +25.2% |
2 Bedrooms | $162.5K | $157.5K | -3.1% |
3 Bedrooms | $235K | $212.9K | -9.4% |
4 Bedrooms | $310K | $350K | +12.9% |
5+ Bedrooms | $380K | $218K | -42.6% |
Summary: Globe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 42.6%.
Median Sold Price Compared To Nearby Cities
Globe-Miami | $196.2K | $180K | -8.3% |
Globe | $229K | $199.5K | -12.9% |
Housing Supply in Globe, AZ
How many homes are available in Globe, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The Globe real estate market had 27 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Globe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Globe in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Globe, AZ
How long does it take to sell a home in Globe, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 155 Days | +983.5% |
Summary: Homes in Globe had an average of 155 days on market in Mar 2024, up by 983.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Globe; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.