By Paul Maryniak | Ahwatukee Foothills News
In yet another sign of the relentless increase in housing prices, the Valley’s top market analyst said the average price of a listed home in Ahwatukee ZIP code 85048 exceeds $1 million, putting it among 28 Valley postal zones with seven-figure home list price averages.
“If rising house prices scare you, then the best place not to look is the average price for active listings,” the Cromford Report wrote. “Unless you are made of stern stuff, you should look away now.”
Cromford Report then proceeded to list the average home price in 85048 as $1,139,210 – double the $575,854 of the average home list price in that ZIP code three years ago this month.
