Cash-buyer and investment activity over the last 12 months.
Data last updated
In Phoenix (85028), investors own about 57 tracked properties across 45 active buyers, with a median investor purchase price near $585,000. 28 were acquired in the last 12 months.
The trend is upward: 28 purchases this year against 10 last, about 180% more. Expect contracts to move faster and price expectations to firm up.
Strategy here skews to value-add / rehab, which accounts for 72.7% of tracked deals. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
The median investor-owned home was built around 1971. With 72.7% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
There are 45 buyers paying cash in 85028 today, against a standing position of about 57 properties. Averaging below 0.6 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Investors here buy at a median of $585,000. With an average of $615,000, pricing is consistent across deals — few outliers in either direction.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.