Is 85268, 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, 85268 has remained a Seller's Market.
Housing Prices in 85268, AZ
How much do homes in 85268, AZ cost?
Median Sold Price
$680,350
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85268 was $680,350 in April 2024, up 8.1% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.5K | $245K | +3.2% |
2 Bedrooms | $372K | $421K | +13.2% |
3 Bedrooms | $649.1K | $695K | +7.1% |
4 Bedrooms | $967K | $1.0M | +6.0% |
5+ Bedrooms | $1.4M | $1.3M | -5.9% |
Summary: 85268 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 85268, AZ
How many homes are available in 85268, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
301 | 321 | +6.6% |
Summary: The 85268 real estate market had 321 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 84 | 86 | +2.4% |
3 Bedrooms | 121 | 134 | +10.7% |
4 Bedrooms | 73 | 75 | +2.7% |
5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The 85268 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 84 | +78.7% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in 85268 in April 2024, up by 78.7% month-over-month. Of the 84 sold homes, 67% were sold under asking, 24% were sold at asking, and 10% were sold over asking.
Days on Market for 85268, AZ
How long does it take to sell a home in 85268, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 54 Days | -30.0% |
Summary: Homes in 85268 had an average of 54 days on market in Apr 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 84 homes were sold in 85268; 35% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.