Is Globe-Miami, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Globe-Miami was a Seller's Market.
Housing Prices in Globe-Miami, AZ
How much do homes in Globe-Miami, AZ cost?
Median Sold Price
$198,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Globe-Miami was $198,500 in May 2024, up 2.8% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59.9K | $70K | +16.9% |
2 Bedrooms | $115K | $165K | +43.5% |
3 Bedrooms | $225K | $201.5K | -10.4% |
4 Bedrooms | $310K | $260K | -16.1% |
5+ Bedrooms | $257.5K | $346K | +34.4% |
Summary: Globe-Miami housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 43.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 34.4%.
Median Sold Price Compared To Nearby Cities
Globe-Miami | $193K | $198.5K | +2.8% |
Globe | $225K | $205K | -8.9% |
Housing Supply in Globe-Miami, AZ
How many homes are available in Globe-Miami, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 33 | -2.9% |
Summary: The Globe-Miami real estate market had 33 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 14 | 10 | -28.6% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Globe-Miami housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Globe-Miami in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Globe-Miami, AZ
How long does it take to sell a home in Globe-Miami, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
95 Days | 160 Days | +68.6% |
Summary: Homes in Globe-Miami had an average of 160 days on market in May 2024, up by 68.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Globe-Miami; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.