Phoenix, AZ 85013 Real Estate Market Report

ZIP Code: 85013
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. $549,800 is the primary indicator of market value based on recent transactions; the median sold price suggests pricing resilience in the ZIP code and, together with a up price year-over-year trend, points to modest appreciation pressure on comparable SFR and condo stock.

2. $497,900 median listing price sits below the median sold price, which may indicate some listing-to-sale price compression and pricing friction between seller expectations and achieved transaction prices; this gap appears meaningful for pricing strategy but should be interpreted cautiously given the neutral market temperature.

3. 381 median days on market signals slower sales velocity relative to typical fast-turn markets and may reflect extended negotiation windows or buyer caution; paired with the report of constrained supply in the analyzed sample, this suggests transactions occur but over a longer timeframe than in hotter Phoenix submarkets.

4. $1,493 median market rent and a down rent year-over-year trend indicate softening rental fundamentals; combined with moderate interest rate pressure, investors should expect tighter near-term cash flow assumptions and stress-test yields before committing.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Phoenix, AZ 85013 Real Estate Market Report

ZIP Code: 85013
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. The primary market indicator, the median sold price $296,950, indicates recent transaction-level value for SFR and condo product and should be treated as the representative recent sale benchmark for pricing decisions; up price trend supports modest appreciation.

2. There is a material liquidity signal from the median days on market 336, which suggests slower sales velocity and potential pricing friction for sellers; this pace may indicate extended marketing timelines before contract.

3. Supply conditions in the analyzed sample point to relatively constrained active supply versus recent sales activity, which, combined with a median listing price $299,900 close to the median sold price, suggests limited listing-to-sale price divergence and that sellers’ expectations are broadly aligned with realized values; market temperature is neutral.

4. Rents and financing context are mixed: the median market rent $1,395 is softening (down rent trend) while interest rate pressure is assessed as moderate (moderate), implying investor yield compression and underwriting caution—underwrite conservatively and prioritize properties with clearer cash-flow or appreciation upside.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.