Is 85266, 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, 85266 has remained a Seller's Market.
Housing Prices in 85266, AZ
How much do homes in 85266, AZ cost?
Median Sold Price
$1,245,500
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85266 was $1,245,500 in April 2024, up 5% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $252.5K | N/A |
2 Bedrooms | $853K | $840K | -1.5% |
3 Bedrooms | $1.0M | $1.2M | +15.1% |
4 Bedrooms | $1.4M | $1.6M | +16.9% |
5+ Bedrooms | $1.8M | $2.0M | +11.2% |
Summary: 85266 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 85266, AZ
How many homes are available in 85266, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
237 | 233 | -1.7% |
Summary: The 85266 real estate market had 233 homes for sale in April 2024, a 1.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 30 | 24 | -20.0% |
3 Bedrooms | 95 | 92 | -3.2% |
4 Bedrooms | 73 | 76 | +4.1% |
5+ Bedrooms | 38 | 41 | +7.9% |
Summary: The 85266 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 44 | +18.9% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 85266 in April 2024, up by 18.9% month-over-month. Of the 44 sold homes, 80% were sold under asking, 7% were sold at asking, and 14% were sold over asking.
Days on Market for 85266, AZ
How long does it take to sell a home in 85266, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
102 Days | 59 Days | -41.9% |
Summary: Homes in 85266 had an average of 59 days on market in Apr 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in 85266; 41% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.