Is 85137, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85137 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 85137 was a Seller's Market.

Key Takeaway

85137 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 85137, AZ

How much do homes in 85137, AZ cost?

Median Sold Price

$179,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+11.9%)

Key Takeaway

Homes in 85137 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 85137 was $179,000 in October 2024, up 11.9% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$35K
N/A
3 $157.5K$185K
+17.5%
4 $160K$112.4K
-29.7%
5+ $212.7K-
N/A

Summary: 85137 housing prices by bedroom type for October 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 increased by 17.5%, 4 bedroom homes decreased by 29.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

85137
+11.9%
85132
0.2%

Housing Supply in 85137, AZ

How many homes are available in 85137, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1215+25.0%

Summary: The 85137 real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 911
+22.2%
4 22
0.0%
5+ 00
0.0%

Summary: The 85137 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85137, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 85137 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 85137, AZ

How long does it take to sell a home in 85137, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
154 Days100 Days-35.3%

Summary: Homes in 85137 had an average of 100 days on market in Oct 2024, down by 35.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 85137 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 85137; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 85137, AZ

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