Is Globe, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Globe has remained a Seller's Market.
Housing Prices in Globe, AZ
How much do homes in Globe, AZ cost?
Median Sold Price
$205,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Globe was $205,000 in May 2024, down 8.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59.9K | $75K | +25.2% |
2 Bedrooms | $150K | $198.5K | +32.3% |
3 Bedrooms | $237K | $207K | -12.7% |
4 Bedrooms | $310K | $307.5K | -0.8% |
5+ Bedrooms | $380K | $346K | -8.9% |
Summary: Globe housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes increased by 32.3%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
Globe-Miami | $193K | $198.5K | +2.8% |
Globe | $225K | $205K | -8.9% |
Housing Supply in Globe, AZ
How many homes are available in Globe, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Summary: The Globe real estate market had 25 homes for sale in May 2024, a 7.4% 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 | 10 | 10 | 0.0% |
3 Bedrooms | 13 | 9 | -30.8% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Globe 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 30.8%, 4 bedroom homes increased by 66.7%, 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 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, AZ
How long does it take to sell a home in Globe, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
116 Days | 160 Days | +38.1% |
Summary: Homes in Globe had an average of 160 days on market in May 2024, up by 38.1% 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; 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.