Is 85373, 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, 85373 has remained a Seller's Market.
Housing Prices in 85373, AZ
How much do homes in 85373, AZ cost?
Median Sold Price
$347,250
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 85373 was $347,250 in April 2024, down 5.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $213K | $192.4K | -9.6% |
2 Bedrooms | $324.2K | $304.6K | -6.0% |
3 Bedrooms | $425K | $412.5K | -2.9% |
4 Bedrooms | $485K | $485.7K | 0.2% |
5+ Bedrooms | $555K | $525K | -5.4% |
Summary: 85373 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in 85373, AZ
How many homes are available in 85373, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
164 | 188 | +14.6% |
Summary: The 85373 real estate market had 188 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 8 | -11.1% |
2 Bedrooms | 98 | 116 | +18.4% |
3 Bedrooms | 44 | 47 | +6.8% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 85373 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 38 | +18.8% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 85373 in April 2024, up by 18.8% month-over-month. Of the 38 sold homes, 66% were sold under asking, 24% were sold at asking, and 11% were sold over asking.
Days on Market for 85373, AZ
How long does it take to sell a home in 85373, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 64 Days | -2.7% |
Summary: Homes in 85373 had an average of 64 days on market in Apr 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in 85373; 32% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.