Is 85933, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 85933 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 85933 has remained a Seller's Market.

Key Takeaway

85933 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 85933, AZ

How much do homes in 85933, AZ cost?

Median Sold Price

$413,500

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,500(+3.4%)

Key Takeaway

Homes in 85933 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 85933 was $413,500 in December 2024, up 3.4% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $312.5K$134.2K
-57.0%
2 $315K$331.8K
+5.4%
3 $495K$513.5K
+3.7%
4 $659K$1.3M
+97.3%
5+ $902K$785K
-13.0%

Summary: 85933 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 97.3%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Zip Codes

85933
+3.4%
85928
-4.4%

Housing Supply in 85933, AZ

How many homes are available in 85933, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2824-14.3%

Summary: The 85933 real estate market had 24 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 119
-18.2%
4 33
0.0%
5+ 00
0.0%

Summary: The 85933 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 85933, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 85933 in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 85933, AZ

How long does it take to sell a home in 85933, AZ?

Average Sale Time

Dec 2023Dec 2024CHANGE
87 Days149 Days+71.1%

Summary: Homes in 85933 had an average of 149 days on market in Dec 2024, up by 71.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 85933 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 85933; 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 4 Days Ago

Newest Listings in 85933, AZ

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