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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $117,500 +29.1% $95,000 $91,000 $65,000
Phoenix $180,000 +7.8% $175,000 $166,950 $104,000
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Summary for Phoenix, 85040


The median sales price for homes in ZIP code 85040 for Jan 15 to Apr 15 was $117,500. This represents an increase of 23.7%, or $22,500, compared to the prior quarter and an increase of 29.1% compared to the prior year. Sales prices have appreciated 80.8% over the last 5 years in 85040, Phoenix. The median sales price of $117,500 for 85040 is 34.72% lower than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in ZIP code 85040 was $167,823 for the week ending Apr 29, which represents an increase of 4.5%, or $7,252 compared to the prior week and a decline of 15.7%, or $31,300, compared to the week ending Apr 08. Average price per square foot for homes in 85040 was $77 in the most recent quarter, which is 40.31% 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
Apr 29
w-o-w Week ending
Apr 22
Week ending
Apr 15
Week ending
Apr 8
85040 $167,823 +4.5% $160,571 $170,300 $199,123
Phoenix $365,056 +2.3% $356,717 $363,390 $346,384
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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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
85040 $77 +11.6% $78 $69 $46
Phoenix $129 +6.6% $125 $121 $79
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Popular Zips in Phoenix


Zips Week ending
Apr 29
w-o-w Week ending
Apr 22
Week ending
Apr 15
85018 1 1 1
85032 2 2 2
85016 3 3 3
85020 4 4 6
85050 5 +2 7 7
85022 6 -1 5 8
Homes for Sale in 85040
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