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 October 2023

At the same time last year, Fletcher Heights was a Neutral 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

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.0%)

Key Takeaway

Homes in Fletcher Heights have sold for 1% more than they did a year ago.

Summary: The median home sold price in Fletcher Heights was $525,000 in October 2024, up 1% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $455K$483K
+6.2%
4 $545K$535K
-1.8%
5+ $655K$672.5K
+2.7%

Summary: Fletcher Heights 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 did not change, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Neighborhoods

Willow
+2.8%
Fletcher Heights
+1.0%

Housing Supply in Fletcher Heights, AZ

How many homes are available in Fletcher Heights, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The Fletcher Heights real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 910
+11.1%
4 1518
+20.0%
5+ 56
+20.0%

Summary: The Fletcher Heights 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

4 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 Fletcher Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Fletcher Heights in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
16 Days58 Days+264.4%

Summary: Homes in Fletcher Heights had an average of 58 days on market in Oct 2024, up by 264.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fletcher Heights has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Fletcher Heights; 20% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

Newest Listings in Fletcher Heights, AZ

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