Is Show Low, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Show Low was a Neutral Market.
Housing Prices in Show Low, AZ
How much do homes in Show Low, AZ cost?
Median Sold Price
$512,500
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Show Low was $512,500 in April 2024, up 2.5% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $190K | -30.9% |
2 Bedrooms | $332.5K | $334.5K | +0.6% |
3 Bedrooms | $520K | $530K | +1.9% |
4 Bedrooms | $750K | $825K | +10.0% |
5+ Bedrooms | $1.2M | $864.9K | -30.8% |
Summary: Show Low housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 30.8%.
Median Sold Price Compared To Nearby Cities
Show Low | $500K | $512.5K | +2.5% |
Lakeside | $410K | $400K | -2.4% |
Housing Supply in Show Low, AZ
How many homes are available in Show Low, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 107 | +3.9% |
Summary: The Show Low real estate market had 107 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 62 | 60 | -3.2% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Show Low housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Show Low in April 2024, up by 7.7% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Show Low, AZ
How long does it take to sell a home in Show Low, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
138 Days | 51 Days | -62.9% |
Summary: Homes in Show Low had an average of 51 days on market in Apr 2024, down by 62.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Show Low; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.