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)
  • 479000.00,478995.00,475000.00,470000.00,460995.00,459999.00,465000.00,458000.00,454524.50,459900.00,464000.00,469990.00
  • 469999.00,465000.00,450000.00,449000.00,450000.00,465000.00,458890.00,450000.00,460000.00,471021.50,475000.00,475000.00
  • 445000.00,454152.50,449900.00,441000.00,441000.00,450000.00,450000.00,450000.00,452995.00,446960.00,450000.00,456000.00

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.
  • 4.75,4.83,4.7,4.47,4.32,4.32,4.45,4.45,4.14,4.09,4.37,4.45

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


Home Inventory:

(12 Month History)
  • 29188,29794,28792,27500,26585,26612,27700,27770,25894,25807,27590,28112
  • 11200,10013,8525,8226,8798,9448,10151,7354,6329,11446,10007,11237
  • 7434,7242,6753,6309,6015,6203,6195,5408,6396,4858,5878,7736

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.
  • 77.5,76.3,79.0,83.3,85.9,85.3,86.0,83.7,85.7,92.8,89.1,84.2

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


Volume:

(12 Month History)
  • 22388756235,22783106649,21459976040,19460033482,18319907139,18918581161,20267523099,20646956093,19480829061,19882385065,21325065860,22038079603
  • 7246243729,6346949631,5097045457,4922511640,5577967352,6763500881,7173357714,5175947958,4430269067,8320811576,7174950843,7659480402
  • 4522840578,4517521664,4149025866,3742679769,3506538797,3710996802,3798836202,3334392581,4097558361,3218047422,3918656611,5160573012

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 608399.32,623794.76,614397.43,593228.68,582965.72,598258.39,613210.04,616566.68,640643.90,662422.28,666664.96,667085.45
  • 593394.72,608782.38,596085.16,576933.11,566862.53,582474.14,596497.63,600776.55,622616.71,643721.75,648628.71,649001.83

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