HomeSmart - Gilbert
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
My Blog
Home Sales Down in 85249 Zip Code Real Estate Market
Posted On: August 31st, 2016 6:55PM
The 85249 zip code market broke below its 12-month average sales volume this week as sales fell 5.8% to hit 81 homes sold over the last 30 days. Meanwhile, the 85242 zip code reported 146 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $383,000, and there are a fairly average four months of inventory left to be sold.
DEMOGRAPHIC FACTS ABOUT THE 85249 ZIP CODE:
- The percentage of the population who rent their homes is 11.1%.
- 10-year job market growth is projected to be 34.5%.
- The student per librarian ratio in this area is 297:1. (803:1 = national average)
