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)
  • 480000.00,470000.00,464900.00,465000.00,469000.00,473090.00,479500.00,479890.00,479000.00,474823.50,465000.00,469000.00
  • 456213.00,450000.00,450000.00,479000.00,471240.00,474990.00,470000.00,465000.00,450000.00,449900.00,455000.00,474990.00
  • 449900.00,450000.00,450000.00,455000.00,456490.00,457500.00,445000.00,454439.00,449900.00,441781.00,441000.00,450000.00

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.
  • 3.99,4.13,3.9,3.95,4.3,4.57,4.75,4.83,4.7,4.46,4.3,4.3

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


Home Inventory:

(12 Month History)
  • 23710,24786,23546,24077,26312,28004,29195,29786,28756,27432,26451,26502
  • 9550,7546,6146,11227,10650,11469,11211,10029,8533,8233,8798,9442
  • 5953,5239,5684,4819,5893,7075,7435,7242,6753,6308,6021,6215

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.
  • 72.0,71.4,76.1,81.7,80.2,77.9,77.3,75.8,78.6,83.0,85.5,85.3

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


Volume:

(12 Month History)
  • 17800027161,18643632855,17628370105,18210081023,20119992035,21402830310,22485690470,22892499535,21567722234,19573938016,18462995917,19209038208
  • 6494644529,5024970079,4008385702,8361103844,7234454227,7731144926,7280064321,6383709609,5133896354,4972738993,5670257424,6917077184
  • 3529074326,3101923702,3592785979,3129987300,3758918050,4584249371,4523005578,4518931664,4150265985,3743396386,3509984077,3719366360

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 592822.83,592083.17,632087.61,649509.71,637861.54,647950.44,608339.69,623989.46,614581.07,593436.33,582957.00,598449.94
  • 579286.03,579432.90,615299.38,631169.62,622904.75,632143.52,593446.81,608980.73,596257.57,577162.06,566907.96,582624.20

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.
  • 98.2,98.2,97.8,97.7,98.0,98.0,98.0,98.0,97.9,97.8,97.8,97.8

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