Is Globe-Miami, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Globe-Miami is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Globe-Miami was a Buyer's Market.

Key Takeaway

Globe-Miami is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Globe-Miami, AZ

How much do homes in Globe-Miami, AZ cost?

Median Sold Price

$199,900

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,150(+0.6%)

Key Takeaway

Homes in Globe-Miami have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Globe-Miami was $199,900 in November 2024, up 0.6% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $62.4K$105K
+68.1%
2 $132.5K$172.9K
+30.5%
3 $218.9K$245K
+11.9%
4 $330K$212.5K
-35.6%
5+ $346K$410K
+18.5%

Summary: Globe-Miami housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.1%, 2 bedroom homes increased by 30.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 35.6%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Cities

Globe-Miami
+0.6%
Globe
-4.9%

Housing Supply in Globe-Miami, AZ

How many homes are available in Globe-Miami, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3433-2.9%

Summary: The Globe-Miami real estate market had 33 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1310
-23.1%
3 87
-12.5%
4 1113
+18.2%
5+ 01
+100.0%

Summary: The Globe-Miami housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Globe-Miami, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Globe-Miami in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
64 Days53 Days-17.9%

Summary: Homes in Globe-Miami had an average of 53 days on market in Nov 2024, down by 17.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Globe-Miami has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Globe-Miami; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 3 Days Ago

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