Median Sale $ for 85383 Zip Code
Summary In 85383
the median sold price for Single Family Detached properties for November was $337,500, representing a decrease of 0.4% compared to last month and an increase of 4.8% from Nov 2014. The average days on market for units sold in November was 101 days, 2% above the 5-year November average of 99 days.
This activity resulted in a Contract Ratio of 0.41 pendings per active listing, up from 0.37 in October and an increase from 0.28 in November 2014. The Contract Ratio is 3% higher than the 5-year November average of 0.40. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller's favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer's favor.
