Is Marley Park, 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, Marley Park has remained a Seller's Market.
Housing Prices in Marley Park, AZ
How much do homes in Marley Park, AZ cost?
Median Sold Price
$448,750
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marley Park was $448,750 in April 2024, down 6.5% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $411.9K | N/A |
3 Bedrooms | $459K | $425K | -7.4% |
4 Bedrooms | $490K | $475K | -3.1% |
5+ Bedrooms | $681.2K | $690K | +1.3% |
Summary: Marley Park 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 did not change, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
Royal Ranch | $443.5K | $477K | +7.6% |
Ashton Ranch | $380.4K | $374.5K | -1.6% |
Sanalina | $543K | $512.3K | -5.7% |
Rancho Gabriela | $447K | $419.5K | -6.2% |
Marley Park | $480K | $448.7K | -6.5% |
Housing Supply in Marley Park, AZ
How many homes are available in Marley Park, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 33 | +26.9% |
Summary: The Marley Park real estate market had 33 homes for sale in April 2024, a 26.9% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Marley Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Marley Park in April 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Marley Park, AZ
How long does it take to sell a home in Marley Park, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 46 Days | -37.9% |
Summary: Homes in Marley Park had an average of 46 days on market in Apr 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Marley Park; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.