Is Show Low, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Show Low was a Seller's Market.
Housing Prices in Show Low, AZ
How much do homes in Show Low, AZ cost?
Median Sold Price
$512,500
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Show Low was $512,500 in March 2024, up 2.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $197K | -28.4% |
2 Bedrooms | $329.5K | $329.5K | 0.0% |
3 Bedrooms | $520K | $530K | +1.9% |
4 Bedrooms | $750K | $805K | +7.3% |
5+ Bedrooms | $1.1M | $1.0M | -10.0% |
Summary: Show Low housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
Show Low | $500K | $512.5K | +2.5% |
Lakeside | $404.5K | $412.5K | +2.0% |
Housing Supply in Show Low, AZ
How many homes are available in Show Low, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 104 | +28.4% |
Summary: The Show Low real estate market had 104 homes for sale in March 2024, a 28.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 50 | 62 | +24.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Show Low housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Show Low in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Show Low, AZ
How long does it take to sell a home in Show Low, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 85 Days | -4.7% |
Summary: Homes in Show Low had an average of 85 days on market in Mar 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Show Low; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.