85044 Real Estate Market Overview
85044 Market Highlights
As of May 4, 2025, the residential real estate market in 85044 shows signs of stability, with slight variations in key metrics.
- The number of active listings has increased to 173 over the past month, a rise from just 132 three months ago, indicating a growing selection for buyers.
- Meanwhile, the average days on market have decreased to 65 days from 88 days previously, suggesting faster sales.
- Sold prices have also stabilized, averaging $583,329, providing valuable insights into market performance.
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85044 Real Estate Market Report
An In-Depth Look at the 85044 All Property Types Market
The residential real estate market in the 85044 area, as of May 4, 2025, exhibits a nuanced blend of trends that reflect ongoing fluctuations in buyer and seller dynamics.
Active Listings: The number of active listings has risen notably to 173 over the past month, compared to 132 three months ago. This increase not only provides more options to potential buyers but also suggests a shift in market dynamics, where sellers may be proactively putting properties on the market.
Days on Market (DOM): Additionally, the DOM has significantly decreased to 65 days from 88 days, indicating that homes are selling more rapidly. This trend could be attributed to a stronger buyer interest as inventory rises, with lower DOM generally signifying competitive buying scenarios.
Sold Prices: In terms of sold prices, the average stands at $583,329, reflecting a stable pricing environment. This is slightly lower than the $598,497 from three months ago, demonstrating a slight cooling in sale prices yet still remaining substantially higher than past years, like the average of $484,021 six months ago, which signals an ongoing adjustment phase where buyer affordability and economic conditions are at play.
Months of Inventory: The months of inventory currently sits at 4.7 months, which is an increase compared to 3.5 months just three months ago. This significant rise indicates a more balanced market, where supply is beginning to catch up with demand. Historically, a rise in months of inventory typically allows buyers to have increased negotiating power, often leading to more favorable purchasing conditions.
Market Implications: As the market evolves, sellers may need to consider engaging with the realities of a more competitive pricing landscape. For potential buyers, this growing inventory alongside lower DOM presents opportunities to leverage more favorable terms in negotiations.
In summary, the 85044 residential market currently reflects emerging opportunities for both buyers and sellers. With an increase in active listings and a notable drop in days on market, potential buyers may find more favorable choices, while sellers may need to adjust strategies to remain competitive in this shifting environment.
Info About 85044
Homes for Sale in 85044
Living in 85044
- Community Atmosphere: The 85044 zip code is known for its welcoming community feel and scenic views, ideal for those seeking a balance between suburban living and urban convenience. This area attracts families, retirees, and young professionals looking for a tranquil setting with easy access to the amenities of Phoenix.
- Outdoor Lifestyle: With its proximity to the South Mountain Preserve, 85044 provides plenty of opportunities for hiking, biking, and outdoor activities. It’s a favorite among those who love to stay active in nature, with trails and outdoor spaces catering to all experience levels.
- Climate: The mild winters and hot summers make 85044 a great place for year-round outdoor activities, and most homes and facilities are designed to provide comfort in the desert climate.
Schools in 85044
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- Kyrene School District: 85044 is served by the Kyrene School District, known for its high-quality education and excellent academic reputation. Elementary and middle schools like Kyrene de las Lomas and Kyrene Middle School are popular among local families.
- High School Options: For high school, students in 85044 typically attend Mountain Pointe High School, a well-regarded school offering a broad range of academic and extracurricular programs.
- Charter and Private Schools: Additional options in 85044 include charter and private schools, providing families with diverse educational paths that emphasize both traditional and alternative learning styles.
Lifestyle in 85044
- Shopping and Dining: The area has convenient shopping centers, such as Ahwatukee Foothills Towne Center, which offers a range of retail stores, dining options, and essential services.
- Recreation and Fitness: Parks like Desert Foothills Park provide playgrounds, sports fields, and green spaces for family outings and active living. Additionally, golf courses and fitness centers in 85044 make it easy for residents to stay fit and healthy.
Amenities Near 85044
- Healthcare Facilities: Access to healthcare is convenient with nearby hospitals and medical centers, such as Dignity Health and local clinics, ensuring residents receive quality care.
- Transportation and Accessibility: Located near major highways like I-10, 85044 provides easy access to downtown Phoenix, making it a convenient location for those commuting or frequently traveling within the metro area.
Real Estate in 85044
- Home Types: Homes for sale in 85044 offer a variety of styles, from charming Southwestern-style homes to modern townhomes and condos. Many properties feature beautiful desert landscaping and outdoor living spaces.
- Price Range: The real estate market in 85044 provides options across a wide range of budgets, catering to families, professionals, and retirees alike.
- Market Trends: Homes for sale in 85044 continue to be in demand due to the area’s strong community vibe, scenic views, and accessibility, making it a desirable option for buyers.
Brian Adamski, Realtor
Guiding Home Buyers in 85044 for 18+ Years | Real Estate, Done Right
480-405-1265
