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)
  • 479000.00,479000.00,475000.00,470000.00,462000.00,460000.00,465000.00,459000.00,455000.00,459999.00,465000.00,474950.00
  • 469999.00,465000.00,450000.00,449000.00,450000.00,465000.00,459000.00,454945.00,460000.00,474945.00,475000.00,475000.00
  • 445000.00,454152.50,449900.00,441000.00,441000.00,450000.00,450000.00,450000.00,452995.00,446960.00,450000.00,455173.50

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.
  • 4.75,4.83,4.7,4.47,4.32,4.31,4.45,4.45,4.14,4.08,4.37,4.57

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


Home Inventory:

(12 Month History)
  • 29188,29793,28790,27497,26580,26605,27691,27756,25872,25777,27573,28877
  • 11200,10013,8525,8226,8798,9448,10151,7354,6329,11446,10008,11148
  • 7434,7242,6753,6309,6015,6203,6195,5409,6396,4861,5880,7732

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.
  • 77.5,76.3,79.0,83.3,85.9,85.3,86.0,83.7,85.7,92.7,89.1,84.2

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


Volume:

(12 Month History)
  • 22394159918,22789045667,21466866085,19472983576,18331941986,18933234581,20292503011,20687168691,19524467162,19943712394,21447457586,22732768517
  • 7248602269,6347653925,5097901044,4924368079,5584193360,6769149356,7186392636,5191454277,4441558669,8352314039,7220506710,7676363703
  • 4522840578,4517521664,4149025866,3742679769,3506538797,3710996802,3798836202,3334892531,4097558361,3219542032,3919340601,5155501567

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 608399.32,623794.76,614397.43,593228.68,582965.72,598258.39,613210.04,616545.12,640643.90,662320.93,666554.52,666774.65
  • 593394.72,608782.38,596085.16,576933.90,566862.53,582472.20,596483.90,600755.14,622619.51,643626.80,648533.26,648780.86

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

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