Phoenix Zip 85085 Residences Sold See 26% Increase

Through October 31, 2015, 85085 posted a total of 408 home sales year to date as the average closed sales price of $332,278 showed an advance of .4% from the same period last year. The overall number of sold residential listings in 85085 experienced a 25.9% advance over the same time range one year ago, which posted a volume of 324 sold residences, a year-to-year net gain of 84 completed sales. At 115 residential listings sold year to date, the 300,000-399,999 price bracket had one of the largest numbers of completed sales.

Houses For Sale Show 8% Gain. 85085 posted a total of 811 active for sale homes in 2015 through October. With 262 homes for sale, the 300,000-399,999 price bracket saw one of the largest numbers of units. Compared to this period one year ago, which recorded 748 for sale homes, 85085 experienced an 8.4% increase in the total number of active residential listings, showing a net advance of 63 homes. The average active list price year to date showed a fall of .2% compared to the same period last year, decreasing to $368,043. The cumulative days on market (CDOM) for active home listings in 85085 was 81 days through October, showing a 17.4% advance in comparison to this time range last year. Residential listings are requiring more market time this year on average.

Information provided by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive current local real estate info or to obtain a free no obligation evaluation of your current property, please call 85085 real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

Search Homes for Sale in 85085 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