| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 85040 | $65,400 | -36.2% | $60,000 | $102,500 | $118,355 | Phoenix | $99,000 | -32.0% | $93,942 | $145,500 | $152,428 |
Phoenix, 85040 Market Trends
Today, December 6, 2009
Phoenix, 85040 Summary
The median sales price for homes in ZIP code 85040 for Aug 09 to Oct 09 was $65,400. This represents an increase of 9%, or $5,400, compared to the prior quarter and a decrease of 36.2% compared to the prior year. Sales prices have depreciated 44.7% over the last 5 years in 85040, Phoenix.
The median sales price of $65,400 for 85040 is 33.94% lower than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in ZIP code 85040 was $98,825 for the week ending Nov 25, which represents a decline of 2.3%, or $2,342 compared to the prior week and an increase of 6.2%, or $5,767, compared to the week ending Nov 04. Average price per square foot for homes in 85040 was $59 in the most recent quarter, which is 89.59% lower than the average price per square foot for homes in Phoenix.
| Location | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| 85040 | $98,825 | -2.3% | $101,167 | $92,263 | $93,058 | Phoenix | $277,548 | -1.0% | $280,442 | $283,033 | $283,513 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 85040 | $59 | -35.2% | $55 | $91 | $81 | Phoenix | $567 | +401.8% | $175 | $113 | $118 |
Popular Zips in Phoenix
Stats & Trends
85040, Phoenix
Market Trends
Phoenix
Nearby Cities
Cities
Median
sales price
sales price
Average
listing price
listing price
Local Spotlight
Advice
Recent Q&A in Phoenix, AZ
Nearby Cities Real Estate
Nearby Cities Sold Homes
Nearby Cities Home Prices
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback
|
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|
|
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|
|
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|