85016, Phoenix, AZ

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Beautiful Biltmore Arizona Homes are found in the 85016 Zip Code of Phoenix, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.

Phoenix Market Report ~ (85016) Biltmore
by: Coldwell Banker and Scottsdale Arizona Homes ~~ (See Video Report Here) ~~

85016 Monthly Market Report

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$799,900
MLS # 5804058
4 Beds
3 Baths
2,180 Sqft
Status: Active
Property Type: Single Family - Detached
$529,900
MLS # 5807204
3 Beds
2 Baths
2,273 Sqft
Status: Active
Property Type: Single Family - Detached
$350,000
MLS # 5808004
4 Beds
2 Baths
1,544 Sqft
Status: Active
Property Type: Single Family - Detached
$255,000
MLS # 5807803
3 Beds
1 Bath
1,121 Sqft
Status: Active
Property Type: Single Family - Detached
$265,000
MLS # 5805790
3 Beds
2 Baths
1,346 Sqft
Status: Active
Property Type: Single Family - Detached
$339,000
MLS # 5807701
3 Beds
2 Baths
1,453 Sqft
Status: Active
Property Type: Single Family - Detached
$599,900
MLS # 5807181
4 Beds
3 Baths
2,252 Sqft
Status: Active
Property Type: Single Family - Detached
$475,000
MLS # 5807279
2 Beds
3 Baths
2,003 Sqft
Status: Active
Property Type: Single Family - Detached
$815,000
MLS # 5806458
3 Beds
3 Baths
3,149 Sqft
Status: Active
Property Type: Single Family - Detached
$374,500
MLS # 5806616
3 Beds
2 Baths
1,626 Sqft
Status: Active
Property Type: Single Family - Detached
$190,000
MLS # 5806704
2 Beds
1 Bath
910 Sqft
Status: Active
Property Type: Single Family - Detached
$525,000
MLS # 5806173
3 Beds
2 Baths
1,919 Sqft
Status: Active
Property Type: Single Family - Detached
$319,900
MLS # 5799558
3 Beds
2 Baths
1,429 Sqft
Status: Active
Property Type: Single Family - Detached
$785,000
MLS # 5805698
4 Beds
3 Baths
2,745 Sqft
Status: Active
Property Type: Single Family - Detached
$374,900
MLS # 5805609
4 Beds
2 Baths
1,983 Sqft
Status: Active
Property Type: Single Family - Detached
$615,000
MLS # 5805153
4 Beds
3 Baths
2,714 Sqft
Status: Active
Property Type: Single Family - Detached
$329,000
MLS # 5805216
4 Beds
3 Baths
1,796 Sqft
Status: Active
Property Type: Single Family - Detached
$369,000
MLS # 5805405
3 Beds
2 Baths
1,700 Sqft
Status: Active
Property Type: Single Family - Detached

Property Sales
June Property sales were 105, up 22.1% from 86 in June of 2017 and 22.1% higher than the 86 sales last month. June 2018 sales were at their highest level compared to June of 2017 and 2016. June YTD sales of 454 are running 2.7% ahead of last year’s year-to-date sales of 442.

Prices
The Median Sales Price in June was $325,000, up 4.1% from $312,250 in June of 2017 and down 2.1% from $332,000 last month. The Average Sales Price in June was $419,875, up 6.5% from $394,211 in June of 2017 and down 1.4% from $425,826 last month. June 2018 ASP was at the highest level compared to June of 2017 and 2016.

Inventory
The Total Inventory of Properties available for sale as of June was 296, up 2.4% from 289 last month and up 21.8% from 243 in June of last year. June 2018 Inventory was at its highest level compared with June of 2017 and 2016.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for June was 61, up 48.8% from 41 days last month and equal to 61 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The June 2018 Selling Price per Square Foot of $216 was down 0.4% from $217 last month and up 0.1% from 216 in June of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The June 2018 Selling Price vs Original List Price of 95.4% was down from 96.3% last month and up from 94.5% in June of last year.

Whether you’re thinking about buying or selling, you can contact me directly to discuss your local market. I’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact me with any questions, as I will be happy to hear from you – Thanks!!  (480)208-7955

Arizona Homes Team

Corey Frederic – YouTube Channel Twitter Page Pinterest Page Facebook Page
Coldwell Banker Residential Brokerage

Sorry, there are no listings in 85016, Phoenix, AZ at this time.

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