June 2019 Midtown and Downtown Phoenix numbers…

June 2019 Midtown/Downtown Phoenix Market Summary🌡️Is the zip code you’re interested in not here? Reach out for your very own slide! ⠀

In 85003, median sale price of $465,000 (June 2018 $450k), median days on market 84 (June 2018 61), Active listings 55 (June 2018 63), Sold listings 13 (June 2018 17).

In 85004, median sale price of $318,000 (June 2018 $276,495), median days on market 135 (June 2018 119), Active listings 35 (June 2018 46), Sold listings 13 (June 2018 14), pending 6 (June 2018 18).⠀

In 85006, median sale price of $291,450 (June 2018 $310,000), median days on market 55 (June 2018 43), Active listings 67 (June 2018 71), Sold listings 16 (June 2018 15), pending 12 (June 2018 22). ⠀

In 85007, median sale price of $410k (June 2018 $369,900 ), median days on market 31 (May 2018 69), Active listings 41 (June 2018 45), Sold listings 11 (June 2018 15), pending 10(June 2018 11). ⠀

In 85008, median sale price of $259,000 (June 2018 $235,000), median days on market 41 (June 2018 37), Active listings 90 (June 2018 94), Sold listings 53 (June 2018 49), pending 39 (June 2018 52). ⠀

In 85034, median sale price of $239,900 (June 2018 $240,100), median days on market 97 (June 2018 54), Active listings 4 (June 2018 4), Sold listings 4 (June 2018 5), pending 1 (June 2018 4). ⠀

In 85040, median sale price of $199,575 (June 2018 $194,000), median days on market 20 (June 2018 16), Active listings 51 (June 2018 57), Sold listings 56 (June 2018 33), pending 34 (June 2018 47). ⠀

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What does this all mean? What is happening is varying greatly from neighborhood to neighborhood. It’s imperative to find an agent well-versed in particular neighborhoods for the conversation. These are the neighborhoods I concentrate on. I follow sales, listings, small businesses, big businesses, restaurants, trends, permits, ground breaking and plans. ⠀