There were 39 homes sold in the 85306 zip code market over the last 30 days, continuing an eight-week positive trend. During the same period, the number of price reductions fell to their lowest level since July at 45. During the same time frame, 85308 had the most of any other neighboring zip codes with 162 price reductions. Prices are falling in the 85306 zip code, and this period the median price of all sales fell from $209,000 to $199,000. The rising sales and a low two months of inventory point to the 85306 zip code being a strong seller's market.
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