Phoenix 85017 Sold Home Prices Increase 27.2%

Through October 31, 2015, 85017 recorded 249 residential listings sold year to date, and the average closed sales price of $101,637 rose 27.2% above the average closed price of $79,911 from this time range last year. The total volume of sold listings in 85017 showed a 2% gain from the same reporting period during 2014, which reported 244 sold residences, a year-over-year rise of 5 closed sales transactions. Reporting 60 residential property sales year to date, the 100,000-119,999 price category reported one of the highest numbers of closed transactions.

Listed Home Prices Rise 21.4%. 85017 saw 385 active properties for sale in 2015 through the month of October, and the 100,000-119,999 price range reported one of the highest numbers of houses for sale at 76 units. The overall inventory of active residential listings in 85017 reported a 13.7% decrease when compared to this period one year ago, which posted 446 houses for sale, a year-over-year reduction of 61 properties. The area's average active list price year to date recorded a gain of 21.4% compared to this time range last year, coming in at $106,635.

Data supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive current local real estate market info or to request a free evaluation of your property, please call 85017 real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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