Phoenix 85014 Sees 12.3% Increase in Houses For Sale Prices

Through October 31, 2015, Phoenix zip code 85014 posted 599 active residences for sale so far for the year, and the 300,000-399,999 price range saw one of the highest numbers of residences for sale at 102. The total amount of active residential listings in 85014 recorded a 3.2% fall from the same time range last year, which reported 619 for sale properties, a net decrease of 20 residential homes. The area's average active list price year to date of $257,046 posted an increase of 12.3% above the average price of $228,978 from the same period a year ago. Houses for sale are staying on the maket less days this year on average. In comparison to this time range one year ago, the average days on market for actively listed homes in 85014 was 66 days, a fall of 1.5%.

Sold Home Prices Gain 5.5%. 85014 recorded a total of 364 residential home sales year to date through the month of October 2015 as the average sales price of $222,883 gained 5.5% above the average closed price of $211,218 from this time range during 2014. The overall volume of sold listings in 85014 reported a 4% advance over the same period in 2014, which saw a volume of 350 home sales, a year-to-year rise of 14 closed sales transactions. The 250,000-299,999 price category showed one of the largest numbers of completed sales this year with 65 completed transactions.

Statistics courtesy of ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive current local real estate info or to obtain a complimentary evaluation of your property, please call 85014 real estate listing specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

Search Homes for Sale in 85014 on our easy to use MLS real estate search. Get daily email alerts of new homes for sale as they become available plus price changes.


Leave a Reply