What cash buyers have been doing here in the last 12 months.
Data last updated
In Tempe (85288), investors own about 202 tracked properties across 50 active buyers, with a median investor purchase price near $47,500,000. 26 were acquired in the last 12 months.
The trend is downward: 26 purchases against 45 the prior year, a decline of about 42%. Deals take longer to place here, and sellers who price for last year's market will sit.
78.1% of tracked activity in 85288 is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
The median investor-owned home was built around 2007. Only about 21.9% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
85288 has 50 active cash buyers holding roughly 202 properties. Averaging below 0.5 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Typical deal size in 85288 sits around $47,500,000. The average of $39,074,000 is close behind, so purchases cluster in a fairly tight band rather than splitting into price tiers.
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.