Is Mayer, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mayer is a buyer's market

Buyer's
Market

Difference Since April 2022

At the same time last year, Mayer was a Seller's Market.

Key Takeaway

Mayer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Mayer, AZ cost?

Median Sold Price

$367,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

-$9,000(-2.4%)

Key Takeaway

Homes in Mayer have sold for 2.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $195K$285K
+46.2%
2 $190K$392.5K
+106.6%
3 $397K$325K
-18.1%
4 $725K$562K
-22.5%
5+ $470.7K-
N/A

How many homes are available in Mayer, AZ?

Number of Homes For Sale

Mar 2023Apr 2023%
1011+10.0%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 01
+100.0%
5+ 11
0.0%

Number of Homes Sold

Mar 2023Apr 2023%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mayer, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
58 Days78 Days+33.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mayer has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mayer, AZ

Number of homes for sale in Mayer, AZ real estate market have reached 11. Between March 2023 and April 2023, Mayer, AZ real estate market has seen increase in the number of listings by 10%. In April 2023, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $367,500. Real estate listing prices changed between March 2023 and April 2023: prices of 1 bedroom properties increased by 46.2%, 2 bedrooms properties became 106.6% more expensive, prices of 3 bedrooms properties went down by 18.1%, 4 bedrooms properties became 22.5% more cheaper, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes stayed the same, number of 4 bedrooms homes increased by 100%, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in April 2023 in Mayer, AZ. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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