Phoenix Real Estate 85027
Phoenix, Arizona is one of the fastest growing cities in the nation. It is located on the north side of the Sonoran desert and this large metropolis boasts 300 days of sunshine a year. The downtown city area is known for being particularly vibrant destination area. It is packed with entertainment, arts and culture amenities, sport and recreation activities.
phoenix real estate 85027 is a rural zip code in Phoenix, Arizona. The population is primarily white,and mostly married couples. The average house value here ($102,800) is lower than in the Phoenix-Mesa-Scottsdale metro area as a whole, so this could be a great place to look for housing bargains.
The median age here is 30.7. There are 19,630 men and 18,939 women. The median age for men is 30.2 while for women the median age is 31.3.
85027 Zip code is located in the Mountain time.
Phoenix Real Estate 85027 Price Trends – Sold vs. Listed
The median list price in April for single family homes in Phoenix is $147,383. The list prices increased by 13.37% from the previous month.
The price per square foot for listings in this area is $102.
The median sale price in February for single family homes is $135,000. The sale prices increased by 6.07% from the previous month.
Phoenix Real Estate Market Inventory Trends
The number of active listings in Phoenix dropped by 10.7% from the previous month.
The median number of days active properties have been listed is 34. This is significantly shorter than the national average.
The number of sales in February dropped by 86.8% from the previous month.
Phoenix Real Estate 85027 Property Ownership
The percent of rental properties in Phoenix is 14.31% above the national average which is typical for urban areas.
Statistics for Single Family Homes and Condos 85027
Should you need additional information on the Phoenix real estate 85027 market trends, we are here to answer them for you. Contact us through email or call us at 480-595-6412.
This article “Phoenix Real Estate 85027 Market Trends” is brought to you by the Luxury Valley Homes team.