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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lakeside is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lakeside, AZ

How much do homes in Lakeside, AZ cost?

Median Sold Price

$482,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$82,050(+20.5%)

Key Takeaway

Homes in Lakeside have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Lakeside was $482,000 in October 2024, up 20.5% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $262.5K-
N/A
2 $295.2K$297K
+0.6%
3 $427K$500K
+17.1%
4 $527.5K$608.4K
+15.3%
5+ $565K$497.5K
-11.9%

Summary: Lakeside 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 increased by 0.6%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Cities

Pinetop-Lakeside
+26.5%
Lakeside
+20.5%
Pinetop
+5.5%
Show Low
-0.8%

Housing Supply in Lakeside, AZ

How many homes are available in Lakeside, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4544-2.2%

Summary: The Lakeside real estate market had 44 homes for sale in October 2024, a 2.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1011
+10.0%
3 2421
-12.5%
4 77
0.0%
5+ 34
+33.3%

Summary: The Lakeside 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 increased by 10%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lakeside, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Lakeside in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.

Days on Market for Lakeside, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
154 Days62 Days-59.2%

Summary: Homes in Lakeside had an average of 62 days on market in Oct 2024, down by 59.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Lakeside; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Lakeside, AZ

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