Phoenix, 85040 Market Trends


Median Sales Price in Phoenix, 85040

 

1 yr 5 yr Max
Phoenix, 85040 median sales prices
Number of sold homes in Phoenix, 85040
Location Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $92,450 +5.7% $100,000 $87,500 $67,500
Phoenix $170,000 +5.9% $177,000 $160,500 $100,000
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Summary for Phoenix, 85040


The median sales price for homes in ZIP code 85040 for Nov 14 to Feb 15 was $92,450. This represents a decline of 7.5%, or $7,550, compared to the prior quarter and an increase of 5.7% compared to the prior year. Sales prices have appreciated 37% over the last 5 years in 85040, Phoenix. The median sales price of $92,450 for 85040 is 45.62% lower than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in ZIP code 85040 was $126,383 for the week ending Feb 18, which represents an increase of 1.2%, or $1,493 compared to the prior week and an increase of 5.9%, or $7,068, compared to the week ending Jan 28. Average price per square foot for homes in 85040 was $76 in the most recent quarter, which is 39.20% lower than the average price per square foot for homes in Phoenix.

Average Listing Price in Phoenix, 85040

 

Phoenix, 85040 average property price
Phoenix, 85040 – number of properties
Location Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Week ending
Jan 28
85040 $126,383 +1.2% $124,890 $118,260 $119,315
Phoenix $346,880 +2.1% $339,643 $333,013 $328,335
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Average Price Per Sqft. for Homes in Phoenix, 85040

 

1 yr 5 yr Max
Phoenix, 85040 average price per square foot
Location Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $76 +8.6% $72 $70 $49
Phoenix $125 +5.9% $123 $118 $78
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Popular Zips in Phoenix


Zips Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
85018 1 1 1
85032 2 +1 3 3
85016 3 -1 2 2
85022 4 +1 5 5
85020 5 -1 4 4
85048 6 6 6
Homes for Sale in 85040
View all 85040 Homes for Sale