Is 85013, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 85013 has remained a Seller's Market.
Housing Prices in 85013, AZ
How much do homes in 85013, AZ cost?
Median Sold Price
$494,750
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85013 was $494,750 in April 2024, up 11.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281K | $264.5K | -5.9% |
2 Bedrooms | $375K | $339K | -9.6% |
3 Bedrooms | $509K | $530K | +4.1% |
4 Bedrooms | $745K | $700K | -6.0% |
5+ Bedrooms | $1.8M | $1.2M | -35.3% |
Summary: 85013 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 35.3%.
Housing Supply in 85013, AZ
How many homes are available in 85013, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 106 | +17.8% |
Summary: The 85013 real estate market had 106 homes for sale in April 2024, a 17.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 32 | 42 | +31.3% |
3 Bedrooms | 25 | 31 | +24.0% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 85013 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 24%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 85013 in April 2024, up by 38.9% month-over-month. Of the 25 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.
Days on Market for 85013, AZ
How long does it take to sell a home in 85013, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 53 Days | -20.5% |
Summary: Homes in 85013 had an average of 53 days on market in Apr 2024, down by 20.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 85013; 28% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.