Phoenix Zip 85012 Homes For Sale Prices See 10.6% Uptick

Phoenix, Arizona zip code 85012 recorded 266 active for sale properties in 2015 through October 31. With 54 houses for sale the 300,000-399,999 price range posted one of the highest numbers of units. The overall number of active listings in 85012 had a 0.7% fall compared to the same time period during 2014, which posted 268 residences for sale, a year-to-year net decline of 2 properties. The average year-to-date active list price of $471,066 showed an increase of 10.6% over the average price of $425,781 from the same time range one year ago. Listed houses for sale are taking longer to sell this year on average. When compared to this time range during 2014, the average days on market for actively listed for sale homes in 85012 was 96 days, a gain of 21.5%.

Property Prices Show 10.2% Uptick. As of October 31, 2015, 85012 showed 129 houses sold year to date as the average sales price of $389,115 posted a net advance of 10.2% from the same time range last year. The total number of sold residential listings in 85012 saw a 3.2% increase compared to the same reporting period in 2014, which had a volume of 125 houses sold, a year-over-year gain of 4 sales. Reporting 26 homes sold year to date, the 300,000-399,999 price category showed one of the largest numbers of closed sales transactions.

Statistics provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most current local real estate information or to request a free no obligation evaluation of your current home, please call 85012 real estate agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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