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Housing Market Report for Phoenix, AZ - Zip Code 85016

By
Real Estate Agent with Keller Williams Arizona Realty
Housing Market Report for Phoenix, AZ - Zip Code 85016
As of 12/21/2006
Number Sold in the Previous 4 Weeks66
Median Price of Houses Sold in Previous 4 Weeks$277,925
Compared to 12/21/2005
Number Sold in the Previous 4 Weeks174
Median Price of Houses Sold in Previous 4 Weeks$283,771
2006 over 2005
Increase (Decrease) in Houses Sold(108)-62.07%
Increase (Decrease) in Median Price($5,846)-2.06%

Market Data for Phoenix Arizona 85016 shows a significant decrease in the number of sales, coupled with a slight decrease in the median price. 

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Suzanne Marriott
Associate Broker, REALTOR
Keller Williams Arizona Realty
Anonymous
Steven Burke

Hello,

 

Wanted to know how this zip code is in regards to making a purchasing and then trying to rent the house out, 3 bedroom 2 bath home.

 

Thank you,

 

Steven Burke

 

Mar 26, 2007 04:58 AM
#1