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Phoenix, 85042 Market Trends

Today, December 25, 2009

Median Sales Price in 85042

Embed Info
1 yr 5 yr Max
85042, Phoenix median sales prices
Number of sold homes in 85042, Phoenix
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
85042$98,000-27.9%$113,500$135,950$175,000
Phoenix$105,000-22.9%$97,750$136,122$155,148
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Phoenix, 85042 Summary

The median sales price for homes in ZIP code 85042 for Sep 09 to Nov 09 was $98,000. This represents a decline of 13.7%, or $15,500, compared to the prior quarter and a decrease of 27.9% compared to the prior year. Sales prices have depreciated 44% over the last 5 years in 85042, Phoenix.

The median sales price of $98,000 for 85042 is 6.67% lower than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in ZIP code 85042 was $185,743 for the week ending Dec 16, which represents a decline of 0.5%, or $846 compared to the prior week and a decline of 0.3%, or $647, compared to the week ending Nov 25. Average price per square foot for homes in 85042 was $71 in the most recent quarter, which is 88.21% lower than the average price per square foot for homes in Phoenix.

 

Average Listing Price in 85042

Embed Info
1 yr 5 yr Max
85042, Phoenix average property price
85042, Phoenix – number of properties
LocationWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
85042$185,743-0.5%$186,589$181,968$186,390
Phoenix$273,017-1.4%$276,863$275,589$277,548
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Average Price Per Sqft for Homes in 85042

Embed Info
1 yr 5 yr Max
85042, Phoenix average price per square foot
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
85042$71-26.8%$73$97$116
Phoenix$602+462.6%$175$107$122
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Popular Zips in Phoenix

Zips Week ending
Dec 16
w-o-w Week ending
Dec 9
Week ending
Dec 2
85032 1 +1 2 8
85018 2 -1 1 1
85041 3 +3 6 2
85020 4 — 4 7
85044 5 -2 3 6
85016 6 +2 8 3
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Homes for Sale in 85042

3208 East Gary Way, Phoenix AZ
3208 E Gary…
$449,400
4 br  3 ½ ba
3923 East Pollack Street, Phoenix AZ
3923 E Pol…
$149,900
3 br  2 ba
8508 South 31st Way, Phoenix AZ
8508 S 31st…
$444,900
3 br  2 ½ ba
8508 South 31st Way, Phoenix AZ
8508 S 31st…
$454,900
3 br  2 ½ ba
203 East Valley View Drive, Phoenix AZ
203 E Vall…
$115,900
3 br  2 ba
8508 South 31st Way, Phoenix AZ
8508 S 31st…
$434,900
2 br  2 ba
View all 85042 Homes for Sale
 
Stats & Trends
85042, Phoenix

Real Estate Overview

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Phoenix

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  • 85001
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  • 85004
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  • 85010
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  • 85099
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Nearby Cities

Cities
Median
sales price
Average
listing price
Glendale
$116,500
$178,552
Tempe
$168,500
$282,088
Paradise Valley
$1,100,000
$2,661,616
Laveen
$138,900
$171,049
Scottsdale
$293,700
$780,981
Tolleson
$107,900
$125,467
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Advice

Recent Q&A in Phoenix, AZ

Q: Are short sales hopeless? We are under contract for one, but is there any real chance we'll get the house? 15 answers
Q: My family will be moving to AZ. What are good areas? 30 answers
Q: Will HSBC go after me and my husband for the deficiency amount of our short sale if it goes through? The BPO they did put our house at $195,000 and 10 answers
Q: What areas of Phoenix present the best investment opportunities? I am looking for properties that can give me around 20% annual return and 7 answers
Q: If lease is terminated because the landlord refuses to provide a heater that works at the residence, does that terminate all addendums to the lease? 6 answers

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Nearby Cities Real Estate

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Nearby Cities Home Prices

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85042 Stats & Trends

  • 85042 Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Phoenix real estate market. Find Phoenix properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Phoenix average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Phoenix housing statistics are available for each Phoenix, AZ neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.