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Note: The charts below represent statistics for the entire Phoenix metro area. Select a link above for stats on a specific city.
Home Prices:
(12 Month History)
- 491000.00,497000.00,499000.00,496000.00,498500.00,494900.00,482995.00,480000.00,482990.00,489997.00,492500.00,499124.00
- 455000.00,459900.00,449900.00,450000.00,455000.00,459990.00,449990.00,447000.00,468000.00,465000.00,465000.00,480000.00
- 435000.00,443500.00,435000.00,435000.00,430945.00,435000.00,440000.00,430000.00,432000.00,440000.00,445000.00,450000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
Absorption Rate:
(12 Month History)
This rate represents the number of months it would take to deplete the current inventory with NO NEW LISTINGS. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number reflects more of a buyer’s market and a lower number a seller’s market.
- 2.29,2.22,2.21,2.2,2.44,2.72,2.97,2.95,2.93,3.11,3.26,3.41
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 14435,13892,13671,13607,15041,16609,18081,17854,17702,18768,19744,20415
- 7905,7669,7047,8018,8063,8266,7017,5390,9212,8990,9822,9499
- 8109,7457,5917,6270,5576,5205,4633,4924,4437,5761,6772,7030
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market:
(12 Month History)
This number represents the average number of days between the original listing date
and the “under contract” date among the homes sold in a given month.
and the “under contract” date among the homes sold in a given month.
- 68.4,64.5,58.5,57.6,55.5,55.9,57.4,61.5,68.4,68.7,67.1,66.0
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 11905377721,11359102897,10883960149,10732527347,11876481904,13230778731,14183985707,13909636020,14189401916,15720008935,16617450416,17306625889
- 5105624259,4745589263,4290803137,4926641798,5375567855,5641829693,4629575288,3437482760,6728553748,6053626656,6643776508,6420822712
- 4700628640,4424791710,3359629659,3555221644,3158242987,3079286955,2712246921,2829242872,2568686625,3400630908,4015750379,4400169966
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 579680.43,593374.24,567792.74,567021.00,566399.39,591601.72,585419.15,574582.22,578924.19,590284.83,592993.26,625913.22
- 566221.78,581541.63,557352.04,554464.60,555593.01,579444.46,571597.79,559820.45,564120.72,577940.03,580618.93,612555.65
Information is deemed to be reliable, but is not guaranteed. © 2024
Sale to List Price Ratio:
(12 Month History)
This ratio represents the average percentage of the list price that sellers accepted in a given month.
- 98.3,98.4,98.6,98.4,98.5,98.3,98.1,97.8,97.8,98.1,98.3,98.3
Information is deemed to be reliable, but is not guaranteed. © 2024