Is Lakeside, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lakeside was a Buyer's Market.
Housing Prices in Lakeside, AZ
How much do homes in Lakeside, AZ cost?
Median Sold Price
$405,000
$266/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in Lakeside was $405,000 in May 2024, the same as last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $262.5K | +208.8% |
2 Bedrooms | $320.5K | $335K | +4.5% |
3 Bedrooms | $416K | $445K | +7.0% |
4 Bedrooms | $490K | $410K | -16.3% |
5+ Bedrooms | $835K | $400K | -52.1% |
Summary: Lakeside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 208.8%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 52.1%.
Housing Supply in Lakeside, AZ
How many homes are available in Lakeside, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Summary: The Lakeside real estate market had 45 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 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 14.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lakeside in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Lakeside, AZ
How long does it take to sell a home in Lakeside, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 138 Days | +346.4% |
Summary: Homes in Lakeside had an average of 138 days on market in May 2024, up by 346.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Lakeside; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.