Is ZIP 85240, 85240 a buyer’s or seller’s market?
ZIP 85240 is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.1Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$221▼ −4.9% vs. last year
Run the numbers for 85240
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology