Is Pinetop-Lakeside, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pinetop-Lakeside has remained a Buyer's Market.
Housing Prices in Pinetop-Lakeside, AZ
How much do homes in Pinetop-Lakeside, AZ cost?
Median Sold Price
$524,500
$294/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Pinetop-Lakeside was $524,500 in May 2024, down 33.6% from last month, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $640K | $524.5K | -18.0% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $940K | - | N/A |
Summary: Pinetop-Lakeside housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Pinetop-Lakeside, AZ
How many homes are available in Pinetop-Lakeside, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The Pinetop-Lakeside real estate market had 28 homes for sale in May 2024, a 21.7% 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 | 4 | 7 | +75.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pinetop-Lakeside 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 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pinetop-Lakeside in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pinetop-Lakeside, AZ
How long does it take to sell a home in Pinetop-Lakeside, AZ?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 Days | 109 Days | +265.0% |
Summary: Homes in Pinetop-Lakeside had an average of 109 days on market in May 2024, up by 265% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Pinetop-Lakeside; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.