$5,522 Closing Credit*
$465,000
2,092 SqFt
6 Beds
•4 Baths
Lisa Hannosh, Listing Office: eXp Realty
Is Alhambra, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Alhambra has remained a Seller's Market.
Key Takeaway
Alhambra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alhambra, AZ
How much do homes in Alhambra, AZ cost?
Median Sold Price
$369,462
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$12,512(+3.5%)
Key Takeaway
Homes in Alhambra have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Alhambra was $369,462 in September 2024, up 3.5% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.3K | $110K | -30.1% |
| 2 Bedrooms | $230.3K | $244.5K | +6.2% |
| 3 Bedrooms | $355K | $363.2K | +2.3% |
| 4 Bedrooms | $416.4K | $453.3K | +8.9% |
| 5+ Bedrooms | $850K | $795K | -6.5% |
Summary: Alhambra housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in Alhambra, AZ
How many homes are available in Alhambra, AZ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 379 | 403 | +6.3% |
Summary: The Alhambra real estate market had 403 homes for sale in September 2024, a 6.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 14 | 0.0% |
| 2 Bedrooms | 60 | 78 | +30.0% |
| 3 Bedrooms | 187 | 194 | +3.7% |
| 4 Bedrooms | 91 | 90 | -1.1% |
| 5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The Alhambra housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 68 | 77 | +13.2% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alhambra, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Alhambra in September 2024, up by 13.2% month-over-month. Of the 77 sold homes, 48% were sold under asking, 29% were sold at asking, and 23% were sold over asking.
Days on Market for Alhambra, AZ
How long does it take to sell a home in Alhambra, AZ?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 44 Days | 56 Days | +26.4% |
Summary: Homes in Alhambra had an average of 56 days on market in Sep 2024, up by 26.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alhambra has remained consistent over time.
Summary: During September 2024, 77 homes were sold in Alhambra; 32% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 19% 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.