Is 85213, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85213 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 85213 was a Seller's Market.

Key Takeaway

85213 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 85213, AZ

How much do homes in 85213, AZ cost?

Median Sold Price

$569,500

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,500(+7.5%)

Key Takeaway

Homes in 85213 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 85213 was $569,500 in October 2024, up 7.5% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $295K$290K
-1.7%
3 $439K$470K
+7.1%
4 $589.5K$631K
+7.0%
5+ $922.5K$1.1M
+19.8%

Summary: 85213 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 decreased by 1.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

85203
+8.0%
85213
+7.5%
85205
+2.7%
85204
+0.6%

Housing Supply in 85213, AZ

How many homes are available in 85213, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1001000.0%

Summary: The 85213 real estate market had 100 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1314
+7.7%
3 2427
+12.5%
4 4840
-16.7%
5+ 1519
+26.7%

Summary: The 85213 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 7.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 26.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3317-48.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85213, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 85213 in October 2024, down by 48.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 29% were sold at asking, and 6% were sold over asking.

Days on Market for 85213, AZ

How long does it take to sell a home in 85213, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days48 Days+18.0%

Summary: Homes in 85213 had an average of 48 days on market in Oct 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 85213 has remained consistent over time.

Summary: During October 2024, 17 homes were sold in 85213; 35% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 12% 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 22 Days Ago

Newest Listings in 85213, AZ

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