Is Pinetop-Lakeside, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Pinetop-Lakeside has remained a Seller's Market.
Housing Prices in Pinetop-Lakeside, AZ
How much do homes in Pinetop-Lakeside, AZ cost?
Median Sold Price
$450,000
$278/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since June 2023.
Summary: The median home sold price in Pinetop-Lakeside was $450,000 in June 2024, the same as last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260.2K | $425K | +63.3% |
3 Bedrooms | $450K | $442K | -1.8% |
4 Bedrooms | $490K | $725K | +48.0% |
5+ Bedrooms | $835K | $790K | -5.4% |
Summary: Pinetop-Lakeside housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 48%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in Pinetop-Lakeside, AZ
How many homes are available in Pinetop-Lakeside, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
27 | 34 | +25.9% |
Summary: The Pinetop-Lakeside real estate market had 34 homes for sale in June 2024, a 25.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pinetop-Lakeside housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Pinetop-Lakeside in June 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Pinetop-Lakeside, AZ
How long does it take to sell a home in Pinetop-Lakeside, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
68 Days | 71 Days | +3.4% |
Summary: Homes in Pinetop-Lakeside had an average of 71 days on market in Jun 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in Pinetop-Lakeside; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.