Zip code 85020 is East Sunnyslope, Part of North Central Phoenix and the Dreamy Draw area.  It's a very mixed area and property types vary greatly from entry level older homes below $200,000 to multi-million dollar estates: it's a typical older Phoenix area where new and old meld into a very distinct whole.

	August 2008	August 2007
Active Listings	247	224
Pending	20	19
Sold	22	15
Days on Market	107	67
Months Supply	11.2	14.9
Appreciation Annual	(5%)	(16%)
Listing Success Rate	38%	38%
Median Price	$247.000	$279,000

^{(data as of 8/31/08 crunched by the Cromford Report)}

As you can see by the number above sales are up over last year but the supply is up a bit: the depreciation in pricing slowed this year from a large drop last year.  There is still enough pressure on pricing to keep it from being a balanced market: it's still - very clearly - a buyer's market though the trends is toward greater balance.