What cash buyers have been doing here in the last 12 months.
Data last updated
In Phoenix (85048), investors own about 241 tracked properties across 53 active buyers, with a median investor purchase price near $19,500,000. 37 were acquired in the last 12 months.
Buying has picked up in 85048. The last 12 months brought 37 investor purchases versus about 17 the year prior — an increase of roughly 118%, which means more bidders on the same contracts.
There are 53 buyers paying cash in 85048 today, against a standing position of about 241 properties. Fewer than 0.7 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Investors here buy at a median of $19,500,000. With an average of $13,612,000, pricing is consistent across deals — few outliers in either direction.
The dominant play is buy & hold, at 99.6% of tracked activity. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
Typical construction year on investor-owned property is 1997. Just 0.4% was built before 1980, which keeps renovation scopes and disclosure burdens down.
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.