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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Globe is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Globe was a Buyer's Market.

Key Takeaway

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

Housing Prices in Globe, AZ

How much do homes in Globe, AZ cost?

Median Sold Price

$214,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,000(-4.9%)

Key Takeaway

Homes in Globe have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Globe was $214,000 in November 2024, down 4.9% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $59.9K$105K
+75.3%
2 $165K$183.5K
+11.2%
3 $230K$248.5K
+8.0%
4 $330K$281K
-14.8%
5+ $365.5K$410K
+12.2%

Summary: Globe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.3%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

Globe-Miami
+0.6%
Globe
-4.9%

Housing Supply in Globe, AZ

How many homes are available in Globe, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3029-3.3%

Summary: The Globe real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 87
-12.5%
4 1012
+20.0%
5+ 01
+100.0%

Summary: The Globe 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 decreased by 27.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Globe, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Globe in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Globe, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
78 Days53 Days-32.1%

Summary: Homes in Globe had an average of 53 days on market in Nov 2024, down by 32.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 Globe has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Globe; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in Globe, AZ

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