85023 Zip Code Real Estate Market Reaches Contracts Bottom

There were 45 homes sold in the 85023 zip code market over the last 30 days, but 23 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is nearing a low. In comparison, 85308 led all other nearby zip codes with 79 contracts executed. Potential buyers should note that prices are coming down in the 85023 zip code, and for this period the median sales price slid from $239,900 to $225,000. With just two months of inventory available and sales going up, the 85023 zip code is a definite seller's market.

Looking for adequate space in your home? Check out these listings in the 85023 zip code that provide large living areas:

$950K   $789K   $899K  

Get started right now by checking out 85023 homes for sale or reviewing 85023 real estate trends.

Demographic facts about the 85023 zip code:

  • The rating for this area for population growth is 77. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 246.2 per 100,000 people.
  • This area has a health cost index score of 102.1. (100 = national average)
  • 78.2% of the residents travel to work in an automobile, 12.0% via carpool, and 2.4% by way of public transit.

Data reported through 10/12/2016

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