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 Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $102,000 +10.9% $109,000 $92,000 $64,500
Phoenix $175,000 +6.1% $177,000 $165,000 $105,000
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Summary for Phoenix, 85040


The median sales price for homes in ZIP code 85040 for Oct 14 to Jan 15 was $102,000. This represents a decline of 6.4%, or $7,000, compared to the prior quarter and an increase of 10.9% compared to the prior year. Sales prices have appreciated 58.1% over the last 5 years in 85040, Phoenix. The median sales price of $102,000 for 85040 is 41.71% lower than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in ZIP code 85040 was $116,960 for the week ending Jan 14, which represents a decline of 1.8%, or $2,170 compared to the prior week and an increase of 0.8%, or $931, compared to the week ending Dec 24. 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
Jan 14
w-o-w Week ending
Jan 7
Week ending
Dec 31
Week ending
Dec 24
85040 $116,960 -1.8% $119,130 $123,041 $116,029
Phoenix $321,855 +0.6% $319,849 $316,304 $310,848
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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 Oct - Jan '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $76 +2.7% $75 $74 $49
Phoenix $125 +5.9% $123 $118 $80
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Popular Zips in Phoenix


Zips Week ending
Jan 14
w-o-w Week ending
Jan 7
Week ending
Dec 31
85018 1 1 1
85032 2 2 2
85016 3 3 3
85041 4 +2 6 6
85020 5 5 7
85044 6 +3 9 10
Homes for Sale in 85040
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