$1,200,000
3,178 SqFt
4 Beds
•4 Baths
Carin S Nguyen, Rebecca Ferrarese, Listing Office: Real Broker
October 2024
Report Updated 26 Days Ago
Is 85207, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 85207 has remained a Seller's Market.
How much do homes in 85207, AZ cost?
$627,360
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 85207 was $627,360 in October 2024, up 20.9% from last year, and the median price per square foot was $300.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $187.5K | +4.2% |
2 Bedrooms | $320K | $351K | +9.7% |
3 Bedrooms | $450K | $522.6K | +16.1% |
4 Bedrooms | $635K | $739K | +16.4% |
5+ Bedrooms | $936K | $995K | +6.3% |
Summary: 85207 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 6.3%.
How many homes are available in 85207, AZ?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
231 | 250 | +8.2% |
Summary: The 85207 real estate market had 250 homes for sale in October 2024, a 8.2% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 95 | 107 | +12.6% |
4 Bedrooms | 76 | 82 | +7.9% |
5+ Bedrooms | 42 | 44 | +4.8% |
Summary: The 85207 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 decreased by 5.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 4.8%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
26 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 85207 in October 2024, up by 23.7% month-over-month. Of the 47 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in 85207, AZ?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
40 Days | 47 Days | +18.6% |
Summary: Homes in 85207 had an average of 47 days on market in Oct 2024, up by 18.6% compared to last year.
19 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During October 2024, 47 homes were sold in 85207; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% 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 26 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Arizona Regional MLS for the period 11/01/2022 - 11/01/2024
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/26/2024, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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