85273
Phoenix, Arizona
Phoenix 85273 needs watching.
The 85273 ZIP code in Phoenix, Arizona has a median sale price of $450K, down N/A year-over-year. Homes spend an average of 28 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 47 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 85273.
The 85273 ZIP code shows a stalled market with homes selling at a median price of $450,000, completely flat compared to the prior year. Properties are moving in 28 days on average, which suggests moderate but not robust demand. Most telling is that zero percent of homes are selling above list price, indicating buyers hold negotiating leverage and sellers cannot command premiums in current conditions.
This environment favors patient buyers who can negotiate and avoid bidding wars, as evidenced by the absence of over-list sales. Sellers face pressure to price accurately from the start, since the flat year-over-year trajectory shows no appreciation cushion for testing higher prices. Investors seeking quick flips should exercise caution given the 28-day absorption rate combined with zero price momentum that compresses profit margins.
The PropIQ score of 47 signals caution and suggests further softening may materialize before conditions stabilize. With no upward price movement despite nearly a month of market time, watch for days-on-market to extend beyond 30 if buyer hesitation increases. The lack of pricing power in early 2020 positions this ZIP as vulnerable to broader market corrections rather than poised for near-term appreciation.
What is the median home price in 85273 Phoenix?
The median sale price in 85273 is $450K, down N/A year-over-year as of 2020-01-31.
How long do homes stay on the market in Phoenix 85273?
Homes in 85273 Phoenix spend an average of 28 days on market before going under contract.
Is Phoenix 85273 a good place to invest in real estate?
Folio's PropIQ™ score for 85273 is 47/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 47 mean for 85273?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 47 = Caution in 85273 Phoenix, Arizona.