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)
  • 495000.00,490000.00,489000.00,479900.00,480000.00,479900.00,469995.00,464900.00,465000.00,470000.00,475000.00,489000.00
  • 467000.00,455000.00,449990.00,458165.00,465000.00,456390.00,450000.00,450000.00,479900.00,475000.00,479000.00,479900.00
  • 450000.00,450000.00,440000.00,440000.00,442000.00,449900.00,449990.00,450000.00,453000.00,455555.00,457000.00,445000.00

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.
  • 3.37,3.45,3.46,3.44,3.65,3.96,4.11,3.88,3.94,4.28,4.55,4.78

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


Home Inventory:

(12 Month History)
  • 20232,20561,20329,20279,21358,23134,24240,23031,23593,25757,27383,28864
  • 9474,8192,7689,8817,9001,9409,7451,6073,11120,10466,11304,11023
  • 7602,6318,6208,5731,5487,5833,5157,5583,4731,5817,6965,7319

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.
  • 64.7,65.2,66.8,71.1,70.3,71.9,71.1,75.7,81.5,80.0,77.8,77.0

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


Volume:

(12 Month History)
  • 16696222860,16252099988,15291757665,14809771422,15738700574,17329234214,18211598854,17252510343,17848281688,19770638496,21094498465,22559531076
  • 6068558727,4981091522,4525630630,5502435509,6174820927,6397687232,4979675022,3981625140,8316126821,7170673681,7714638380,7306001464
  • 4642442545,3832718469,3605671353,3365585855,3184466348,3453090116,3047994507,3518767629,3068392112,3712254840,4510717227,4453182100

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 610687.00,606634.77,580810.46,587259.79,580365.65,591992.13,591040.24,630264.67,648571.57,638173.43,647626.31,608441.33
  • 597703.52,592895.04,566970.22,574118.55,567238.69,578633.19,578520.15,613718.83,630443.45,623337.41,631871.08,593631.72

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

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