Is Globe-Miami, 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-Miami was a Seller's Market.
Housing Prices in Globe-Miami, AZ
How much do homes in Globe-Miami, AZ cost?
Median Sold Price
$180,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Globe-Miami was $180,000 in March 2024, down 8.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59.9K | $70K | +16.9% |
2 Bedrooms | $129.9K | $136K | +4.7% |
3 Bedrooms | $225K | $204.2K | -9.2% |
4 Bedrooms | $310K | $265K | -14.5% |
5+ Bedrooms | $257.5K | $218K | -15.3% |
Summary: Globe-Miami housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Cities
Miami | $156K | $150K | -3.8% |
Globe-Miami | $196.2K | $180K | -8.3% |
Globe | $229K | $199.5K | -12.9% |
Housing Supply in Globe-Miami, AZ
How many homes are available in Globe-Miami, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Summary: The Globe-Miami real estate market had 36 homes for sale in March 2024, a 2.9% 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 | 12 | 15 | +25.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Globe-Miami 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 25%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Globe-Miami in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Globe-Miami, AZ
How long does it take to sell a home in Globe-Miami, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 127 Days | +363.4% |
Summary: Homes in Globe-Miami had an average of 127 days on market in Mar 2024, up by 363.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Globe-Miami; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.