Phoenix MLS Statistics

Note: These charts represent the last 12-months of activity on residential real estate in Phoenix.

Phoenix Home Prices:

(12 Month History)
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-25420,000500,000430,000440,000450,000460,000470,000480,000490,000
Active Median List Price (in Dollars)New Median List Price (in Dollars)Sold Median List Price (in Dollars)
  • 490000.00,485000.00,489000.00,475000.00,450000.00,450000.00,451000.00,449000.00,445000.00,450000.00,459900.00,469900.00
  • 460000.00,449000.00,444000.00,425000.00,434998.50,450000.00,425000.00,440027.50,450000.00,480000.00,479900.00,470000.00
  • 448999.00,455000.00,445000.00,425000.00,440000.00,445000.00,435000.00,435450.00,439900.00,442500.00,454000.00,475000.00

Information is deemed to be reliable, but is not guaranteed. © 2025

Phoenix 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 would reflect more of a buyer’s market and a lower number a seller’s market.
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-25342.54.53.5
Absorption Rate (in Months)
  • 2.86,3,3.09,3.16,3.21,3.47,3.72,3.85,3.53,3.56,3.9,4.24

Information is deemed to be reliable, but is not guaranteed. © 2025

Phoenix Inventory:

(12 Month History)
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-2505,0001,0002,0003,0004,000
Number of Active ListingsNumber of New ListingsNumber of Sold Listings
  • 3133,3286,3345,3371,3438,3663,3906,4059,3772,3861,4238,4627
  • 1740,1788,1545,1445,1658,1633,1675,1292,1082,2025,1904,1993
  • 1249,1369,1134,1191,953,978,1068,936,1039,849,1073,1212

Information is deemed to be reliable, but is not guaranteed. © 2025

Average Days on Market in Phoenix:

(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.
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-2550805560657075
Average CDOM (in Days)
  • 60.8,54.8,56.1,57.8,62.2,62.6,64.0,65.3,69.7,77.0,73.2,69.1

Information is deemed to be reliable, but is not guaranteed. © 2025

Phoenix Volume:

(12 Month History)
M-25J-24J-24J-25A-24A-24S-24N-240500,000,0003,500,000,0001,000,000,0001,500,000,0002,000,000,0002,500,000,0003,000,000,000
Active List Volume (in Dollars)New List Volume (in Dollars)Sold List Volume (in Dollars)
  • 2205461604,2245029515,2288266102,2178340521,2144056610,2296807675,2497421136,2600252755,2433304425,2547752305,2924284049,3244436498
  • 1075605016,1061205569,871565056,799447827,958657694,1001420271,985926286,822676187,690316582,1476197905,1283285201,1278754477
  • 754350356,800727596,661115500,652183482,541786081,553979534,626707196,543600352,650684893,505364783,631120536,757592030

Information is deemed to be reliable, but is not guaranteed. © 2025

Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-25520,000640,000540,000560,000580,000600,000620,000
Sold Avg List Price (in Dollars)Sold Avg Sale Price (in Dollars)
  • 603963.46,584899.63,582994.27,547593.18,568505.86,566441.24,586804.49,580769.61,626260.72,595247.09,588183.16,625075.93
  • 591263.44,573975.07,570334.21,535379.81,556278.94,552777.71,574615.54,568620.47,609470.22,579866.48,574965.86,609038.84

Information is deemed to be reliable, but is not guaranteed. © 2025

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.
M-25M-24J-24J-24J-25A-24A-24S-24O-24N-24D-24F-2597.698.697.898.298.498
Sale to List Price (Percentage)
  • 98.3,98.5,98.2,98.4,98.0,97.9,98.3,98.1,97.8,97.7,97.8,97.7

Information is deemed to be reliable, but is not guaranteed. © 2025