Real Estate Market Update for 85044 (Phoenix, AZ)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 16% from one year earlier and up 13% from the previous month This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month... was just over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 210-thousand dollars. Overall, The number of units sold Decreased 21% year-over-year and Increased 21% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 85044 (Phoenix, AZ)
Area Information for 85044 (Phoenix, AZ)
  • Community Character: High Residential Turnover, Large Area(s) of Government Designated Parkland
  • Population: 37,927
  • Median Age: 33.55 yr
  • Median Commute Time: 22.2 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 110
  • Sales Tax: 9.3%
  • Population Density: 4,356/sq mi
  • Population Change Since 2000: -5%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Remington College-tempe Campus
  • Closest Jr. College: South Mountain Comm Coll
  • Median Household Income: $67,730
  • Annual Residential Turnover: 26.89%
  • Median Years in Residence: 2.7 yr
  • Median Home Sales Price: $150,100
  • Closest Major Sports Team: Azl Angels (r) / Azl Dodgers (r)
  • Change Avg. Household Income Since 2000: 12%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 85044 (Phoenix, AZ)
Median Age: 33.55 Married: 41% Number of Households: 17,492 Households with Children: 4,908
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85044 (Phoenix, AZ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Kyrene De La Esperanza Es 2.9 mi Public K - 5 4-5 4
      Skyline Technical High School 3.1 mi State 9 - 12 3-5 0
      Ssa - Ahwatukee 3.3 mi State K - 8 0 0
      Kyrene Centennial Middle School 3.6 mi Public 5 - 8 3-5 3
      Kyrene De La Colina Elementary School 3.7 mi Public K - 5 4 4
      Mountain Pointe High School 4.0 mi Public 9 - 12 4-5 4
      Desert Garden Montessori School 4.7 mi Private K - 8 0 4
      Kyrene De Las Lomas Elementary School 4.8 mi Public K - 5 3 4
      Ambassador Academy 5.6 mi State K - 3 3-5 5
      Ahwatukee Foothills Preparatory School 6.0 mi State K - 8 3-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 85044 (Phoenix, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.