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)
  • 494505.50,495000.00,490000.00,489000.00,479990.00,480000.00,479990.00,470000.00,465000.00,468980.00,475000.00,480000.00
  • 475000.00,467000.00,455000.00,449999.00,459000.00,465000.00,458990.00,450000.00,455000.00,485000.00,479153.50,485000.00
  • 450000.00,450000.00,450000.00,440000.00,440000.00,441990.00,449900.00,449990.00,450000.00,453000.00,455555.00,457500.00

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


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.
  • 3.32,3.37,3.45,3.46,3.44,3.65,3.96,4.11,3.87,3.93,4.28,4.7

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


Home Inventory:

(12 Month History)
  • 19844,20238,20565,20333,20279,21354,23127,24226,23003,23539,25748,28297
  • 9621,9474,8192,7689,8817,9001,9409,7451,6073,11120,10468,11025
  • 7050,7601,6318,6209,5732,5486,5835,5158,5584,4733,5819,6902

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


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.
  • 66.0,64.7,65.2,66.8,71.1,70.3,71.9,71.1,75.7,81.5,80.0,75.8

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


Volume:

(12 Month History)
  • 16640589025,16713304077,16271370229,15314821319,14835231753,15768660729,17364400863,18265170697,17316601473,17922959095,19999034474,22037463162
  • 6338420435,6071658198,4983401100,4530732999,5507397584,6185778144,6417133762,5000087196,4004342725,8384162852,7263155373,7646085297
  • 4409606272,4642016354,3832718469,3606097544,3366178845,3183873358,3454980115,3048324507,3519002619,3069246092,3712932840,4481963550

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 625476.07,610711.27,606634.77,580785.56,587260.79,580363.35,592113.13,590989.63,630193.88,648477.94,638070.60,649371.71
  • 611721.99,597726.09,592896.77,566933.86,574131.78,567226.54,578761.51,578487.87,613663.63,630371.21,623244.33,633559.39

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.
  • 98.3,98.3,98.3,98.3,98.1,98.2,98.2,98.2,97.9,97.8,98.0,98.1

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