Phoenix Metro Real Estate Statistics

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)
  • 469000.00,471000.00,479000.00,479000.00,475800.00,470000.00,464500.00,460000.00,465000.00,459995.00,459000.00,465000.00
  • 470000.00,474900.00,470000.00,465000.00,450000.00,449000.00,450000.00,465000.00,459900.00,457950.00,465000.00,477500.00
  • 456000.00,457500.00,445000.00,454152.50,449900.00,441000.00,441000.00,450000.00,450000.00,450000.00,452990.00,446960.00

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.

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Home Inventory:

(12 Month History)

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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.

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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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