Phoenix 85085 Market Report – Week of September 30, 2025
The Phoenix, AZ 85085 housing market is showing a slight seller’s advantage this week. The median list price is holding at $699,900, with new listings coming in around $680,000. Homes in 85085 are averaging 88 days on market, with a median of 49 days, reflecting a steady pace of sales.
The Market Action Index (MAI) sits at 35, just below last month’s 36, keeping the area in seller’s market territory. Inventory has inched up to 113 active listings, giving buyers a few more options, but supply is still low enough to support sellers.
Notably, 46% of listings have seen price reductions, while only 5% have increased—a sign of balancing trends. At $298 per square foot and median rent of $2,800, the 85085 market continues to attract both buyers and investors.
Overall, 85085 remains a strong market for sellers, though buyers may find new opportunities with the slight increase in inventory.
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