What cash buyers have been doing here in the last 12 months.
Data last updated
In Phoenix (85031), investors own about 222 tracked properties across 95 active buyers, with a median investor purchase price near $255,000. 55 were acquired in the last 12 months.
The trend is downward: 55 purchases against 92 the prior year, a decline of about 40%. Deals take longer to place here, and sellers who price for last year's market will sit.
There are 95 buyers paying cash in 85031 today, against a standing position of about 222 properties. At under 0.6 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
Half of investor purchases here close below $255,000. Because the average runs to $12,533,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
82.9% of tracked activity in 85031 is value-add / rehab. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
The median investor-owned home was built around 1958. 82.9% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.