Is Phoenix, AZ 85039 a buyer’s or seller’s market?
Phoenix is a seller’s market. With about 3.7 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list18.4%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$221▼ −1.9% vs. last year
Run the numbers for 85039
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology