Phoenix 85045 Houses Sold Report 46% Rise

As of October, 85045 recorded 182 residential property sales year to date. The average closed sales price of $355,616 fell 5.8% below the average price of $377,404 from the same period one year ago. The total amount of sold listings in 85045 saw a 45.6% advance compared to the same period in 2014, which reported 125 property sales, a year-over-year gain of 57 closed sales. Reporting 58 residences sold year to date, the 300,000-399,999 price range posted one of the highest numbers of completed sales.

Home Listings See 35% Increase. 85045 recorded 359 active property listings in 2015 through the end of October. With 111 homes for sale the 300,000-399,999 price bracket saw one of the highest numbers of properties listed. When compared to this period a year ago, which showed 267 homes for sale, 85045 had a 34.5% gain in the overall number of active listings, a year-to-year net increase of 92. The area's year-to-date average active listed price showed a decrease of 4.2% compared to this time range last year, coming in at $391,767. The cumulative days on market for actively listed homes in 85045 was 84 days through October 31. This is an 8.7% reduction when compared to this time range a year ago. Properties for sale are on the market less time this year on average.

Information courtesy of ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current local real estate market info or to request a free no obligation evaluation of your current home, please call 85045 Realtor Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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