Is Show Low, 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, Show Low has remained a Seller's Market.
Housing Prices in Show Low, AZ
How much do homes in Show Low, AZ cost?
Median Sold Price
$505,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Show Low was $505,000 in May 2024, up 2% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $235K | -14.5% |
2 Bedrooms | $332.5K | $329K | -1.1% |
3 Bedrooms | $504K | $530K | +5.2% |
4 Bedrooms | $762K | $825K | +8.3% |
5+ Bedrooms | $1.4M | $864.9K | -38.2% |
Summary: Show Low housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 38.2%.
Median Sold Price Compared To Nearby Cities
Show Low | $495K | $505K | +2.0% |
Lakeside | $405K | $405K | 0.0% |
Housing Supply in Show Low, AZ
How many homes are available in Show Low, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 | 112 | +10.9% |
Summary: The Show Low real estate market had 112 homes for sale in May 2024, a 10.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 17 | 21 | +23.5% |
3 Bedrooms | 55 | 60 | +9.1% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Show Low housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 24 | +71.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Show Low in May 2024, up by 71.4% month-over-month. Of the 24 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 72 Days | -25.0% |
Summary: Homes in Show Low had an average of 72 days on market in May 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Show Low; 25% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.