5122 N 31ST Way 217, Phoenix, AZ 85016, Phoenix AZ 85016
Great investment opportunity! GORGEOUS REMODELED GROUND FLOOR CONDO!!! This is the floor plan everyone desires. A light bright updated condo with 2 large bedrooms, a built-in work space, and large closets. Location is ideal within the gated Biltmore neighborhood restaurants. Walking distance to shopping, dining, golfing and more. Newer cabinets, appliances, quartz counters in bathrooms and kitchen. NEW HVAC UNIT, newer tile flooring, and fresh paint. Lovely outdoor covered patio with storage unit.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $257 per square foot, compared with a $215 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 75th percentile of that active group. The comparison uses 1,714 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $332,500, and the median is $271 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5110 N 31ST Way 317, Phoenix, AZ 85016 | Jul 21, 2026 | 2 bd · 1,319 sqft | $335,000 | 0.0 mi |
| 5132 N 31st Way 131, Phoenix, AZ 85016 | Jul 2, 2026 | 2 bd · 1,170 sqft | $230,000 | 0.0 mi |
| 5132 N 31ST Way 146, Phoenix, AZ 85016 | Apr 8, 2026 | 2 bd · 1,240 sqft | $425,000 | 0.0 mi |
| 5104 N 32ND Street 428, Phoenix, AZ 85018 | Jun 5, 2026 | 1 bd · 1,146 sqft | $330,000 | 0.1 mi |
| 5104 N 32ND Street 126, Phoenix, AZ 85018 | May 15, 2026 | 3 bd · 1,476 sqft | $480,000 | 0.1 mi |
| 5104 N 32ND Street 446, Phoenix, AZ 85018 | Aug 7, 2026 | 1 bd · 811 sqft | $188,000 | 0.1 mi |
| 5136 N 31st Place 634, Phoenix, AZ 85016 | May 7, 2026 | 2 bd · 1,258 sqft | $285,000 | 0.1 mi |
| 5104 N 32ND Street 344, Phoenix, AZ 85018 | Jun 16, 2026 | 2 bd · 1,277 sqft | $390,000 | 0.1 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $339,000 · Active
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