Note: These charts represent the last 12-months of activity on residential real estate in Phoenix.
Phoenix Home Prices:
(12 Month History)
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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.
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Phoenix Inventory:
(12 Month History)
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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.
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Phoenix Volume:
(12 Month History)
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Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
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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.
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Information is deemed to be reliable, but is not guaranteed. © 2024