Phoenix Metro Real Estate Statistics

STATISTICS BY CITY:
AnthemApache JunctionAvondaleBuckeyeCarefreeCasa GrandeCave CreekChandlerEl MirageFountain HillsGilbertGlendaleGold CanyonGoodyearLaveenLitchfield ParkMaricopaMesaNew RiverParadise ValleyPeoriaPhoenixQueen CreekRio VerdeSan Tan ValleyScottsdaleSun CitySun City WestSun LakesSurpriseTempeTollesonWickenburg
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)
  • 479000.00,475000.00,470000.00,460745.50,459994.50,465000.00,458000.00,454000.00,459900.00,463000.00,469990.00,478997.50
  • 465000.00,450000.00,449000.00,450000.00,465000.00,458890.00,450000.00,460000.00,470000.00,475000.00,475000.00,484710.00
  • 454152.50,449900.00,441000.00,441000.00,450000.00,450000.00,450000.00,453000.00,447000.00,450000.00,455950.00,450000.00

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 4.83,4.7,4.47,4.32,4.32,4.45,4.45,4.14,4.09,4.37,4.45,4.7

Information is deemed to be reliable, but is not guaranteed. © 2026


Home Inventory:

(12 Month History)
  • 29787,28791,27500,26586,26612,27701,27774,25896,25807,27588,28112,29936
  • 10013,8525,8226,8798,9448,10151,7354,6329,11446,10007,11237,9729
  • 7242,6753,6309,6015,6203,6195,5408,6395,4859,5878,7736,6877

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 76.3,79.0,83.3,85.9,85.3,86.0,83.7,85.6,92.7,89.1,84.2,79.5

Information is deemed to be reliable, but is not guaranteed. © 2026


Volume:

(12 Month History)
  • 22778276059,21458333350,19460033482,18318231517,18914992960,20262730695,20642144019,19473952082,19876173607,21312042975,22038079603,23518613740
  • 6346616231,5096771557,4922060079,5577487716,6761880570,7169852184,5174411467,4428835755,8317495614,7171168174,7659480402,6713578567
  • 4517521664,4149025866,3742679769,3506538797,3710996802,3798836202,3334392581,4097133361,3219847422,3918656611,5160573012,4341359140

Information is deemed to be reliable, but is not guaranteed. © 2026


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 623794.76,614397.43,593228.68,582965.72,598258.39,613210.04,616566.68,640677.62,662656.39,666664.96,667085.45,631286.77
  • 608782.38,596085.16,576933.11,566862.53,582474.14,596497.63,600775.07,622647.62,643959.71,648624.78,649001.83,615385.05

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 98.0,97.9,97.8,97.8,97.8,97.8,97.8,97.7,97.6,97.6,97.9,97.9

Information is deemed to be reliable, but is not guaranteed. © 2026