Phoenix Real Estate 85035

Phoenix Real Estate 85035

Phoenix real estate Arizona is the sixth largest city in the nation making it the most populous state in the United States.  Let’s take a look at one zip code that makes up Phoenix real estate 85035. It is a densely populated, urban zip code in Phoenix, Arizona. The population is racially diverse, younger, and about evenly divided between singles and married couples.

The median house value here ($139,980) 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 24.2. There are 22,870 men and 21,794 women. The median age for men is 24.1 while for women the median age is 24.4.

Interested in getting a home in Phoenix real estate 85035 area? We have a complete listing of the available homes for sale. Find out HERE!

 

Phoenix Real Estate 85035 Price Trends – Sold vs. Listed

Phoenix real estate

Click on graph to enlarge

This will give you an understanding of the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Phoenix Real Estate 85035 Market Inventory Trends

Phoenix Real EstateThe number of active listings in Phoenix (85035) increased by 6.6% from the previous month.

The median number of days active properties have been listed is 47. This is significantly shorter than the national average.

The number of sales in October dropped by 75% from the previous month.

Property Ownership

Phoenix real estate

Phoenix real estate Arizona 85035

The percent of owner occupied properties in Phoenix (85035) is 25.69% below the national average.

The percent of rental properties in Phoenix (85035) is 29.16% above the national average which is typical for urban areas.

Statistics for Single Family Homes and Condos 85035

Phoenix real estateThis article is brought to you by the Luxury Valley Homes Team.  We provide relocation counselling, market expertise and personal attention. Should you need assistance, email or call the professionals at 480-595-6412.