Is Pearce, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pearce has remained a Buyer's Market.
Housing Prices in Pearce, AZ
How much do homes in Pearce, AZ cost?
Median Sold Price
$158,250
$101/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Pearce was $158,250 in March 2024, down 7.5% from last month, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $171.5K | N/A |
3 Bedrooms | $171K | $89K | -48.0% |
4 Bedrooms | - | $544.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Pearce housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Elfrida | $139K | $544.5K | +291.7% |
Pearce | $171K | $158.2K | -7.5% |
Housing Supply in Pearce, AZ
How many homes are available in Pearce, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The Pearce real estate market had 31 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pearce 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 increased by 16.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Pearce in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Pearce, AZ
How long does it take to sell a home in Pearce, AZ?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 192 Days | +434.0% |
Summary: Homes in Pearce had an average of 192 days on market in Mar 2024, up by 434% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Pearce; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.