Is Fletcher Heights, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fletcher Heights is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fletcher Heights, AZ

How much do homes in Fletcher Heights, AZ cost?

Median Sold Price

$525,000

$268/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Fletcher Heights has remained the same since last year.

Summary: The median home sold price in Fletcher Heights was $525,000 in November 2024, the same as last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $460K$479K
+4.1%
4 $545K$535K
-1.8%
5+ $655K$672.5K
+2.7%

Summary: Fletcher Heights housing prices by bedroom type for November 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 4.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Neighborhoods

Willow
+3.5%
Fletcher Heights
0.0%

Housing Supply in Fletcher Heights, AZ

How many homes are available in Fletcher Heights, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3326-21.2%

Summary: The Fletcher Heights real estate market had 26 homes for sale in November 2024, a 21.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 94
-55.6%
4 1815
-16.7%
5+ 67
+16.7%

Summary: The Fletcher Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 55.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 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 Fletcher Heights, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Fletcher Heights in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Fletcher Heights, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days68 Days+53.4%

Summary: Homes in Fletcher Heights had an average of 68 days on market in Nov 2024, up by 53.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fletcher Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in Fletcher Heights; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 21 Days Ago

Newest Listings in Fletcher Heights, AZ

Nearby Markets to Fletcher Heights, AZ