Is Safford, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Safford was a Seller's Market.
Housing Prices in Safford, AZ
How much do homes in Safford, AZ cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Safford was $265,000 in June 2024, up 9.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $19.9K | - | N/A |
2 Bedrooms | $185K | $128K | -30.8% |
3 Bedrooms | $319.9K | $249K | -22.2% |
4 Bedrooms | $465K | $452K | -2.8% |
5+ Bedrooms | - | $562K | N/A |
Summary: Safford 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 decreased by 30.8%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.
Housing Supply in Safford, AZ
How many homes are available in Safford, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
14 | 26 | +85.7% |
Summary: The Safford real estate market had 26 homes for sale in June 2024, a 85.7% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 16 | +60.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Safford 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Safford in June 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Safford, AZ
How long does it take to sell a home in Safford, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 75 Days | +167.9% |
Summary: Homes in Safford had an average of 75 days on market in Jun 2024, up by 167.9% compared to last year.
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
Summary: During June 2024, 1 homes were sold in Safford; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.