HomeSmart - Gilbert
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
2680 South Val Vista Drive, Suite 101
Gilbert, AZ 85295
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New Streak in Home Prices for 85249 Zip Code Real Estate Market
Posted On: July 13th, 2016 2:25PM
The 85249 zip code market pulled back this week but was still better than normal as sales dropped 4.2% to 114 homes sold over the last 30 days. Meanwhile, the 85242 zip code reported 167 home sales, the highest number from all the surrounding zip codes. The median sales price continued to rise, trending upwards for eight weeks to reach $385,000. In spite of the decrease in sales, a low three months of inventory signals that the 85249 zip code is a seller's market.
