Phoenix 85043 Homes Sold Report 21% Gain

Through the end of October 2015, 85043 reported a total of 392 residential property sales year to date, and the average sales price of $150,452 gained 8.3% above the average closed price of $138,955 from this time period one year ago. The total volume of sold residential listings in 85043 reported a 21.4% gain from the same time period during 2014, which showed a volume of 323 properties sold, a year-to-year net advance of 69 closed sales transactions. The 140,000-159,999 price category posted one of the highest numbers of completed sales this year with 111 completed purchases.

For Sale Home Prices See 6.4% Uptick. 85043 recorded a total of 579 active residential listings during 2015 through the end of October. At 162 houses for sale the 140,000-159,999 price range showed one of the greatest numbers of properties listed. The total inventory of active residential listings in 85043 had a 1.4% gain compared to the same time period last year, which posted 571 homes for sale, a year-to-year net advance of 8 properties. The area's average active list price year to date of $154,679 showed a gain of 6.4% above the average listed price of $145,400 from the same reporting period in 2014. The average days on market for active properties for sale in 85043 was 55 days through the end of October, which is a 3.8% rise in comparison to this period a year ago. Houses for sale are staying on the market longer this year on average.

Market statistics supplied 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 property, please call 85043 real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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