Is Marley Park, 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, Marley Park was a Buyer's Market.
Housing Prices in Marley Park, AZ
How much do homes in Marley Park, AZ cost?
Median Sold Price
$450,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marley Park was $450,000 in March 2024, down 6.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $411.9K | N/A |
3 Bedrooms | $468.5K | $427.9K | -8.7% |
4 Bedrooms | $487.5K | $487.5K | 0% |
5+ Bedrooms | $680K | $672.5K | -1.1% |
Summary: Marley Park housing prices by bedroom type for March 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 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Neighborhoods
Royal Ranch | $450K | $465.5K | +3.4% |
Ashton Ranch | $383K | $375K | -2.1% |
Marley Park | $480K | $450K | -6.3% |
Rancho Gabriela | $460K | $419K | -8.9% |
Sanalina | $550K | $435K | -20.9% |
Housing Supply in Marley Park, AZ
How many homes are available in Marley Park, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Summary: The Marley Park real estate market had 30 homes for sale in March 2024, a 36.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 6 | 12 | +100.0% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Marley Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Marley Park in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Marley Park, AZ
How long does it take to sell a home in Marley Park, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 72 Days | +19.8% |
Summary: Homes in Marley Park had an average of 72 days on market in Mar 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Marley Park; 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.