What cash buyers have been doing here in the last 12 months.
Data last updated
In Phoenix (85040), investors own about 706 tracked properties across 120 active buyers, with a median investor purchase price near $10,358,000. 121 were acquired in the last 12 months.
Volume fell to 121 investor purchases over the last 12 months from about 356, down some 66%. Negotiating leverage has shifted toward whoever is still buying.
Across 85040, 120 active buyers account for approximately 706 investor-held properties. Each averaged under 1.0 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
The median investor purchase lands near $10,358,000. An average of $7,744,000 that close to the median means one price band describes nearly the whole market.
Strategy here skews to value-add / rehab, which accounts for 55.4% of tracked deals. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.
Investor-held stock here dates to a median of 1973. About 55.4% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
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.