Is 85339, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 85339 has remained a Seller's Market.
Housing Prices in 85339, AZ
How much do homes in 85339, AZ cost?
Median Sold Price
$449,996
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 85339 was $449,996 in May 2024, up 1.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $345K | 0.0% |
3 Bedrooms | $409.7K | $410K | 0.1% |
4 Bedrooms | $465K | $469.9K | +1.1% |
5+ Bedrooms | $515K | $517.9K | +0.6% |
Summary: 85339 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in 85339, AZ
How many homes are available in 85339, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
251 | 287 | +14.3% |
Summary: The 85339 real estate market had 287 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 100 | 116 | +16.0% |
4 Bedrooms | 112 | 123 | +9.8% |
5+ Bedrooms | 37 | 42 | +13.5% |
Summary: The 85339 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 13.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 77 | +37.5% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in 85339 in May 2024, up by 37.5% month-over-month. Of the 77 sold homes, 38% were sold under asking, 39% were sold at asking, and 23% were sold over asking.
Days on Market for 85339, AZ
How long does it take to sell a home in 85339, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 44 Days | +4.6% |
Summary: Homes in 85339 had an average of 44 days on market in May 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 77 homes were sold in 85339; 44% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.