Is 85284, 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, 85284 has remained a Seller's Market.
Housing Prices in 85284, AZ
How much do homes in 85284, AZ cost?
Median Sold Price
$659,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85284 was $659,000 in April 2024, down 8.5% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $410K | $450K | +9.8% |
3 Bedrooms | $561K | $550K | -2.0% |
4 Bedrooms | $739.5K | $691K | -6.6% |
5+ Bedrooms | $899.5K | $1.3M | +44.5% |
Summary: 85284 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 increased by 9.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 44.5%.
Housing Supply in 85284, AZ
How many homes are available in 85284, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 57 | +14.0% |
Summary: The 85284 real estate market had 57 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 85284 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 85284 in April 2024, the same as the previous month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for 85284, AZ
How long does it take to sell a home in 85284, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 28 Days | -3.6% |
Summary: Homes in 85284 had an average of 28 days on market in Apr 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 85284; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.