Phoenix 85083 Property Prices Post 1.6% Gain

Through the end of October 2015, 85083 recorded 316 residential listings sold year to date. The average closed sales price of $316,424 recorded an advance of 1.6% from this time range a year ago. The overall amount of sold listings in 85083 had a 1.3% gain from the same reporting period during 2014, which reported 312 properties sold, a year-over-year gain of 4 closed transactions. At 101 home sales year to date, the 300,000-399,999 price category saw one of the highest numbers of sales.

For Sale Homes See 1% Decrease. 85083 showed a total of 585 actively listed homes so far in 2015 through October 31. The 300,000-399,999 price range saw one of the greatest numbers of homes for sale with 212 units listed. The total active residential listings inventory in 85083 recorded a 0.8% decrease over the same period during 2014, which saw 590 for sale homes, a net fall of 5 residential homes. The year-to-date average active list price of $346,737 recorded a decrease of 0.4% below the average listed price of $348,150 from the same period one year ago. Home listings are requiring less market time this year on average. When compared to this time range during 2014, the cumulative days on market for active home listings for sale in 85083 was 72 days, a decline of 2.7%.

Sam Lawmaster is a 85083 REALTOR specializing in residential listings. Info provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive the most current local real estate information or to obtain a free no obligation evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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