Phoenix Real Estate 85086 Market Trends
Phoenix is the 15th largest metropolis area and the fastest growing area on the country. Phoenix real estate 85086 offers an expansive area of new homes with beautiful desert as its backdrop. It is also the place for the largest and most popular restaurant and shopping destination in the Valley.
85086 is a sparsely populated, rural zip code in Phoenix, Arizona. The population is primarily white, and mostly married couples. At $204,900 the average home value here is a bit higher than average for the Phoenix-Mesa-Scottsdale metro area.
The median age here is 37.3. There are 4,735 men and 3,920 women. The median age for men is 37 while for women the median age is 37.5.
85086 Zip code is located in the Mountain time zone.
Phoenix Real Estate Price Trends – Sold vs. Listed
The median list price in March for single family homes in Phoenix is $299,250. The list prices dropped by-0.62% from the previous month.
The price per square foot for listings in this area is $125.
The median sale price in February forsingle family homes is $234,000. The sale prices dropped by -12.27% from the previous month.
Phoenix Real Estate 85086 Market Inventory Trends
The number of active listings in Phoenix dropped by 1.4% from the previous month.
The median number of days active properties have been listed is 42. This is significantly shorter than the national average.
The number of sales in February dropped by 85.5% from the previous month.
Phoenix Real Estate Property Ownership
The percent of owner occupied properties in Phoenix is 10.97% above the national average.
Statistics for Single Family Homes and Condos 85086
If you are looking for a perfect house in the Phoenix Real Estate 85086 that you can call home you may email or call us at 480-595-6412 and we will be able to provide you with all the current listings available.
This article is brought to you by Luxury Valley Home team, your expert partner in the Phoenix Arizona real estate market.