Market Value of Property in South Phoenix and Laveen – April 22 2013

Welcome to Market Values in South Phoenix and Laveen for the later part of the Month of April 2013. The values in the South Phoenix and Laveen area could be said to be steady, but they have indeed been rising over the last year. In fact the area has seen as high as a 42.3% increase in values over the last 12 months.

Currently the Laveen Arizona 85339 area has 1.3 month inventory of homes, making this a seller’s market. 94 Active homes are currently on the market in Laveen Az 85339, with 225 additional homes under contract and in some stage of the closing process. The Laveen Az 85339 area is seeing about 72 closings in the last 30 days and averaging about $164,000 sales price.

The rest of South Phoenix market including zips 85041 and 85042 are averaging about less than 2 months inventory as well. Both areas are also seeing monthly closings of about 75 and 38 respectively. Average sales price in the South Phoenix 85041 zip is about $126,000. Average sales price in the South Phoenix zip of 85042 is about $168,000.

If you need help buying or selling please let me know. You can request information at this site, or call at 602.373.6345.