Is Maryvale, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Maryvale has remained a Seller's Market.
Housing Prices in Maryvale, AZ
How much do homes in Maryvale, AZ cost?
Median Sold Price
$344,977
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Maryvale was $344,977 in March 2024, the same as last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $145K | -3.3% |
2 Bedrooms | $240K | $223K | -7.1% |
3 Bedrooms | $337.4K | $339K | 0.4% |
4 Bedrooms | $374.8K | $365K | -2.6% |
5+ Bedrooms | $380K | $392K | +3.2% |
Summary: Maryvale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Neighborhoods
Cypress Gardens IV | $170K | $195K | +14.7% |
Maryvale | $344.8K | $344.9K | 0.0% |
Raintree Gardens | $234K | $218K | -6.8% |
Housing Supply in Maryvale, AZ
How many homes are available in Maryvale, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
346 | 358 | +3.5% |
Summary: The Maryvale real estate market had 358 homes for sale in March 2024, a 3.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 41 | 43 | +4.9% |
3 Bedrooms | 180 | 183 | +1.7% |
4 Bedrooms | 99 | 103 | +4.0% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Maryvale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 106 | +23.3% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 106 homes were sold or pending in Maryvale in March 2024, up by 23.3% month-over-month. Of the 106 sold homes, 31% were sold under asking, 40% were sold at asking, and 29% were sold over asking.
Days on Market for Maryvale, AZ
How long does it take to sell a home in Maryvale, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 40 Days | -35.2% |
Summary: Homes in Maryvale had an average of 40 days on market in Mar 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During March 2024, 106 homes were sold in Maryvale; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.