{"title":"Phoenix 85023, AZ housing market","url":"https://cribber.ai/market-intelligence/phoenix-az/85023","summary":"The median asking price for Phoenix ZIP 85023 was $400,000 in October 2026, down 2.4% from September 2026. There were 166 active listings in Phoenix ZIP 85023 during October 2026, up 1.2% from September 2026.","sections":[{"id":"prices-inventory","title":"What are homes listed for in Phoenix 85023, AZ?","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"},{"id":"market-pace","title":"How long do homes stay on the market in Phoenix 85023, AZ?","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"},{"id":"seller-pressure","title":"Homes listed for 60+ days in Phoenix 85023, AZ","observationPeriod":"Observed November 10, 2026"},{"id":"bedroom-trends","title":"Phoenix 85023, AZ home prices & inventory by bedroom count","observationPeriod":"November 2025–November 2026 · November 2026 is month to date"}],"takeaways":[{"metric":"monthlyAsk","text":"The median asking price for Phoenix ZIP 85023 was $400,000 in October 2026, down 2.4% from September 2026."},{"metric":"monthlyInventory","text":"There were 166 active listings in Phoenix ZIP 85023 during October 2026, up 1.2% from September 2026."},{"metric":"monthlyAge","text":"The median time on market for Phoenix ZIP 85023 was 35 days in October 2026, essentially unchanged from September 2026."},{"metric":"monthlyPsf","text":"The median asking price per square foot for Phoenix ZIP 85023 was $258 in October 2026, down 1.2% from September 2026."},{"metric":"staleInventory","text":"On Nov 10, 2026, 45.2% of active listings with a known listing age in Phoenix ZIP 85023 had been listed for at least 60 days."},{"metric":"segment-bed-1-monthlyAsk","text":"The median asking price for 1-bedroom homes in Phoenix ZIP 85023 was $144,900 in October 2026, up 86.0% from September 2026."},{"metric":"segment-bed-1-monthlyPsf","text":"The median asking price per square foot for 1-bedroom homes in Phoenix ZIP 85023 was $216 in October 2026, up 119.2% from September 2026."},{"metric":"segment-bed-1-monthlyInventory","text":"There were 6 active listings for 1-bedroom homes in Phoenix ZIP 85023 during October 2026, down 25.0% from September 2026."},{"metric":"segment-bed-1-monthlyAge","text":"The median time on market for 1-bedroom homes in Phoenix ZIP 85023 was 28 days in October 2026, down 33.3% from September 2026."},{"metric":"segment-bed-2-monthlyAsk","text":"The median asking price for 2-bedroom homes in Phoenix ZIP 85023 was $220,000 in October 2026, up 4.8% from September 2026."},{"metric":"segment-bed-2-monthlyPsf","text":"The median asking price per square foot for 2-bedroom homes in Phoenix ZIP 85023 was $226 in October 2026, up 2.4% from September 2026."},{"metric":"segment-bed-2-monthlyInventory","text":"There were 29 active listings for 2-bedroom homes in Phoenix ZIP 85023 during October 2026, up 3.6% from September 2026."},{"metric":"segment-bed-2-monthlyAge","text":"The median time on market for 2-bedroom homes in Phoenix ZIP 85023 was 36 days in October 2026, down 5.3% from September 2026."},{"metric":"segment-bed-3-monthlyAsk","text":"The median asking price for 3-bedroom homes in Phoenix ZIP 85023 was $400,000 in October 2026, down 2.2% from September 2026."},{"metric":"segment-bed-3-monthlyPsf","text":"The median asking price per square foot for 3-bedroom homes in Phoenix ZIP 85023 was $268 in October 2026, down 1.6% from September 2026."},{"metric":"segment-bed-3-monthlyInventory","text":"There were 88 active listings for 3-bedroom homes in Phoenix ZIP 85023 during October 2026, up 6.0% from September 2026."},{"metric":"segment-bed-3-monthlyAge","text":"The median time on market for 3-bedroom homes in Phoenix ZIP 85023 was 34 days in October 2026, up 3.0% from September 2026."},{"metric":"segment-bed-4-monthlyAsk","text":"The median asking price for 4-bedroom homes in Phoenix ZIP 85023 was $520,000 in October 2026, down 1.9% from September 2026."},{"metric":"segment-bed-4-monthlyPsf","text":"The median asking price per square foot for 4-bedroom homes in Phoenix ZIP 85023 was $251 in October 2026, down 2.7% from September 2026."},{"metric":"segment-bed-4-monthlyInventory","text":"There were 33 active listings for 4-bedroom homes in Phoenix ZIP 85023 during October 2026, down 5.7% from September 2026."},{"metric":"segment-bed-4-monthlyAge","text":"The median time on market for 4-bedroom homes in Phoenix ZIP 85023 was 36 days in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-5-monthlyAsk","text":"The median asking price for 5-bedroom homes in Phoenix ZIP 85023 was $1,499,999 in October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-5-monthlyPsf","text":"The median asking price per square foot for 5-bedroom homes in Phoenix ZIP 85023 was $309 in October 2026, down 2.7% from September 2026."},{"metric":"segment-bed-5-monthlyInventory","text":"There were 5 active listings for 5-bedroom homes in Phoenix ZIP 85023 during October 2026, essentially unchanged from September 2026."},{"metric":"segment-bed-5-monthlyAge","text":"The median time on market for 5-bedroom homes in Phoenix ZIP 85023 was 38 days in October 2026, up 31.0% from September 2026."}],"snapshots":[{"metric":"staleInventory","label":"Homes listed 60+ days","unit":"percent","date":"2026-11-10","value":45.205479452054796,"sampleSize":73,"staleDays":60,"windowStart":null,"windowEnd":null}],"geography":{"name":"Phoenix 85023","city":"Phoenix","state":"AZ","country":"US","kind":"zip"},"historyScope":"City-scoped ZIP history","retrievedAt":"2026-11-10T21:19:17.945Z","observationStart":"2025-11","observationEnd":"2026-11","citation":"Cribber. Phoenix 85023, AZ housing market. City-scoped ZIP history; observations 2025-11–2026-11. Retrieved 2026-11-10T21:19:17.945Z. https://cribber.ai/market-intelligence/phoenix-az/85023","definitions":{"bedroomCoverage":"Bedroom series use ZIPs reporting the named statistic. Coverage is shown per observation; missing classifications are not zero. An absent bedroom group counts as zero only when the exact source bedroom counts reconcile to the ZIP total. Percentage changes require identical reporting ZIP sets.","askingPrices":"Listing asking prices, not completed sales.","inventory":"Listings active at any time during the named month, not a point-in-time inventory.","average":"City and multi-ZIP average prices are listing-count weighted. Single-ZIP medians remain medians.","missing":"Null means unavailable; it does not mean zero."},"observations":[{"metric":"reductions","label":"Price reductions","unit":"percent","date":"2026-11-09","value":null,"sampleSize":0,"staleDays":null,"windowStart":"2026-10-14","windowEnd":"2026-11-09","partial":false},{"metric":"reductions","label":"Price reductions","unit":"percent","date":"2026-11-10","value":null,"sampleSize":0,"staleDays":null,"windowStart":"2026-10-14","windowEnd":"2026-11-10","partial":false},{"metric":"staleInventory","label":"Stale inventory","unit":"percent","date":"2026-11-09","value":44.44444444444444,"sampleSize":72,"staleDays":60,"windowStart":null,"windowEnd":null,"partial":false},{"metric":"staleInventory","label":"Stale inventory","unit":"percent","date":"2026-11-10","value":45.205479452054796,"sampleSize":73,"staleDays":60,"windowStart":null,"windowEnd":null,"partial":false}],"observedScope":"Observed city or city/ZIP listing scope; chart eligibility and 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