Contracts Bottom in 85283 Zip Code Real Estate Market

The 85283 zip code market seems to be approaching a bottom, as the number of contracts executed fell to 27, the lowest levels since January. Meanwhile, sales came in at 44 homes sold over the last 30 days. In comparison, 85225 led all other nearby zip codes with 78 contracts executed. As contracts found a new bottom, prices have been increasing. The median sales price hit $255,000, extending a four-week long spike. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that the 85283 zip code is a seller's market.

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Get started right now by checking out 85283 homes for sale or reviewing 85283 real estate trends.

Demographic facts about the 85283 zip code:

  • The population has decreased 3.2% in the last 10 years.
  • The safety rating in this area is 39. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 24 minutes.

Data reported through 10/13/2016

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