Is Marley Park, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marley Park is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Marley Park, AZ

How much do homes in Marley Park, AZ cost?

Median Sold Price

$483,500

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+6.9%)

Key Takeaway

Homes in Marley Park have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Marley Park was $483,500 in October 2024, up 6.9% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $406.7K$432.7K
+6.4%
3 $434.9K$439K
+0.9%
4 $477.5K$542.4K
+13.6%
5+ $685.6K$655K
-4.5%

Summary: Marley Park 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 6.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 4.5%.

Median Sold Price Compared To Nearby Neighborhoods

Marley Park
+6.9%
Ashton Ranch
+4.2%
Rancho Gabriela
+3.1%
Royal Ranch
-3.2%

Housing Supply in Marley Park, AZ

How many homes are available in Marley Park, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2932+10.3%

Summary: The Marley Park real estate market had 32 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1010
0.0%
4 1618
+12.5%
5+ 34
+33.3%

Summary: The Marley Park 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 remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marley Park, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Marley Park in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Marley Park, AZ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days59 Days+42.4%

Summary: Homes in Marley Park had an average of 59 days on market in Oct 2024, up by 42.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marley Park has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Marley Park; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% 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 Marley Park, AZ

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