Is Maryvale, 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, Maryvale has remained a Seller's Market.
Housing Prices in Maryvale, AZ
How much do homes in Maryvale, AZ cost?
Median Sold Price
$349,976
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Maryvale was $349,976 in April 2024, up 3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $147.5K | -1.7% |
2 Bedrooms | $237.5K | $227K | -4.4% |
3 Bedrooms | $334.6K | $340.2K | +1.7% |
4 Bedrooms | $369.9K | $367.2K | -0.7% |
5+ Bedrooms | $375K | $395K | +5.3% |
Summary: Maryvale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Neighborhoods
Raintree Gardens | $211K | $221.5K | +5.0% |
Maryvale | $339.8K | $349.9K | +3.0% |
Housing Supply in Maryvale, AZ
How many homes are available in Maryvale, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
342 | 346 | +1.2% |
Summary: The Maryvale real estate market had 346 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 39 | 44 | +12.8% |
3 Bedrooms | 177 | 177 | 0.0% |
4 Bedrooms | 101 | 97 | -4.0% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The Maryvale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 103 | -2.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in Maryvale in April 2024, down by 2.8% month-over-month. Of the 103 sold homes, 25% were sold under asking, 36% were sold at asking, and 39% were sold over asking.
Days on Market for Maryvale, AZ
How long does it take to sell a home in Maryvale, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 46 Days | -20.6% |
Summary: Homes in Maryvale had an average of 46 days on market in Apr 2024, down by 20.6% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 103 homes were sold in Maryvale; 42% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.