| STATISTICS BY CITY: Anthem – Apache Junction – Avondale – Buckeye – Carefree – Casa Grande – Cave Creek – Chandler – El Mirage – Fountain Hills – Gilbert – Glendale – Gold Canyon – Goodyear – Laveen – Litchfield Park – Maricopa – Mesa – New River – Paradise Valley – Peoria – Phoenix – Queen Creek – Rio Verde – San Tan Valley – Scottsdale – Sun City – Sun City West – Sun Lakes – Surprise – Tempe – Tolleson – Wickenburg |
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)
- 480119.50,479990.00,480000.00,489000.00,489500.00,494925.00,495000.00,494000.00,489900.00,482990.00,485000.00,489000.00
- 449900.00,445000.00,465000.00,464990.00,461536.50,475000.00,467900.00,459000.00,450000.00,460000.00,470000.00,465000.00
- 440000.00,430000.00,431900.00,440000.00,445000.00,450000.00,450000.00,450000.00,440000.00,440000.00,441500.00,449900.00
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.
- 2.98,2.96,2.95,3.12,3.28,3.32,3.36,3.44,3.45,3.42,3.63,3.95
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 18120,17904,17784,18875,19856,19834,20211,20528,20272,20183,21225,23098
- 7017,5389,9212,8990,9822,9620,9475,8192,7688,8819,9002,9393
- 4634,4924,4437,5759,6769,7048,7601,6317,6209,5734,5483,5841
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.
- 57.4,61.6,68.4,68.7,67.1,66.0,64.7,65.2,66.8,71.0,70.2,71.9
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 14193398331,13911214586,14193043321,15720533681,16555739344,16638568530,16713160664,16255657064,15292299547,14825691372,15785802578,17557527158
- 4617084090,3428030719,6691308663,6010433331,6558972239,6349705160,6090020786,4998460623,4555481893,5567817544,6275960687,6530031260
- 2713241126,2822458862,2568408737,3400605754,4013664676,4408873283,4641789413,3832215515,3606103418,3385522651,3181259868,3456807269
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 585507.36,573204.48,578861.56,590485.46,592947.95,625549.56,610681.41,606651.18,580786.51,590429.48,580204.24,591817.71
- 571679.61,558604.63,564024.68,578161.09,580572.33,612151.71,597707.53,592910.21,566950.35,577314.62,567074.31,578493.53
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.
- 98.1,97.8,97.8,98.1,98.3,98.3,98.3,98.3,98.3,98.1,98.2,98.2
Information is deemed to be reliable, but is not guaranteed. © 2024