$4,966 Closing Credit*
$418,190
2,169 SqFt
3 Beds
•3 Baths
Susan Paul, Listing Office: Costa Verde Home Sales
Is 85122, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 85122 was a Seller's Market.
Key Takeaway
85122 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 85122, AZ
How much do homes in 85122, AZ cost?
Median Sold Price
$329,997
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,853(-1.4%)
Key Takeaway
Homes in 85122 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 85122 was $329,997 in November 2024, down 1.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.5K | - | N/A |
| 2 Bedrooms | $269.9K | $254K | -5.9% |
| 3 Bedrooms | $314.4K | $309.9K | -1.4% |
| 4 Bedrooms | $349.2K | $349.9K | 0.2% |
| 5+ Bedrooms | $382.9K | $392.4K | +2.5% |
Summary: 85122 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Zip Codes
| 85194 | $339.2K | $355K | +4.6% |
| 85122 | $334.8K | $329.9K | -1.4% |
Housing Supply in 85122, AZ
How many homes are available in 85122, AZ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 376 | 358 | -4.8% |
Summary: The 85122 real estate market had 358 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 30 | 34 | +13.3% |
| 3 Bedrooms | 177 | 161 | -9.0% |
| 4 Bedrooms | 133 | 126 | -5.3% |
| 5+ Bedrooms | 36 | 36 | 0.0% |
Summary: The 85122 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 54 | -34.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 85122, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 85122 in November 2024, down by 34.1% month-over-month. Of the 54 sold homes, 43% were sold under asking, 37% were sold at asking, and 20% were sold over asking.
Days on Market for 85122, AZ
How long does it take to sell a home in 85122, AZ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 92 Days | +7.2% |
Summary: Homes in 85122 had an average of 92 days on market in Nov 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 85122 has remained consistent over time.
Summary: During November 2024, 54 homes were sold in 85122; 20% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.