85045 Homes Market Overview
85045 Homes Market Highlights
As of May 6, 2025, the single-family home market in 85045 reflects some shifts in inventory levels and pricing trends that impact buyers and sellers alike.
- Currently, there are 49 active listings, which represents an increase over the past month compared to just 24 three months ago.
- The average sold price has climbed to $846,056 over the last 30 days.
- Meanwhile, the average days on market (DOM) stands at 51 days, indicating that homes are listing longer compared to the 100 days seen three months ago.
- This trend suggests that the current market conditions favor buyers, as increased inventory allows for more choices.
Curious how the 85045 Homes market has changed over time?
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85045 Homes Market Report
An In-Depth Look at the 85045 Homes Market
The current single-family home market in 85045, as noted on May 6, 2025, continues to display significant dynamics, particularly when evaluating the relationship between inventory levels, days on market, and pricing trends.
Active listings have surged recently, rising to 49 compared to 24 three months ago. This is reflective of a broader trend in the market, where home sellers are becoming more active in listing their properties, potentially motivated by prior sales' metrics. Notably, the months of inventory currently stands at 4.7 months, slightly contracting from the 4.8 months recorded three months ago. This level of inventory suggests a moderately balanced market, where neither buyers nor sellers have a distinct advantage.
The average sold price has experienced noteworthy growth, reaching $846,056 in the past month. When compared to the average price of $786,168 from three months ago, this reflects strong buyer interest and possibly increasing valuations in this area. The price per square foot for active listings is now at $296, climbing from $288 three months ago, which also indicates a responsiveness to the uptick in demand.
Furthermore, the average DOM has significantly decreased from 100 days three months back to 51 days now, suggesting that properties are moving quicker in the current landscape. This swift turnover can lead to increased competition among buyers, especially as they are presented with more options in the expanding inventory.
In light of these trends, potential buyers may find favorable opportunities as the wider array of listings could afford them the luxury of negotiation on prices. Conversely, sellers may need to be prepared for possible adjustments in their list prices to attract prospective buyers, particularly as the market dynamics shift towards a greater volume of available homes for sale. Thus, both parties could benefit from strategically evaluating their approaches in light of the evolving metrics that define the 85045 marketplace.
Brian Adamski, Realtor
Deep Knowledge of 85045 | Meticulous Attention to Detail
480-405-1265
