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)
  • 489000.00,479989.00,480000.00,479900.00,469900.00,462594.00,465000.00,469441.00,474900.00,480000.00,481995.00,485000.00
  • 449990.00,457990.00,464900.00,455000.00,450000.00,450000.00,479000.00,474999.00,475000.00,475000.00,470000.00,464900.00
  • 440000.00,440000.00,442000.00,449900.00,449990.00,450000.00,453000.00,455465.00,457000.00,445000.00,454573.00,449890.00

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.
  • 3.46,3.44,3.65,3.96,4.11,3.88,3.94,4.29,4.56,4.73,4.81,4.76

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


Home Inventory:

(12 Month History)
  • 20330,20284,21368,23147,24260,23058,23630,25808,27438,28581,29169,28685
  • 7689,8817,9001,9409,7451,6073,11120,10467,11304,11048,9910,8397
  • 6208,5731,5487,5833,5156,5582,4732,5816,6966,7328,7113,6637

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.
  • 66.8,71.1,70.3,71.9,71.1,75.7,81.5,79.9,77.7,77.0,75.6,78.4

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


Volume:

(12 Month History)
  • 15290363925,14807420583,15736750458,17322353127,18200259658,17234556579,17837166218,19727974782,20993607909,22112655068,22543669487,21688384363
  • 4523473349,5499713701,6170631928,6390079457,4971229910,3971585812,8279272062,7129215894,7644185214,7214890918,6372030928,5155926264
  • 3605671353,3365585855,3184466348,3453090116,3047769607,3518217639,3068942102,3707829430,4511505664,4456919619,4427343542,4061724453

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 580810.46,587259.79,580365.65,591992.13,591111.25,630279.05,648550.74,637522.25,647646.52,608204.10,622429.85,611981.99
  • 566968.69,574121.17,567238.69,578629.93,578583.66,613722.53,630410.60,622674.87,631849.81,593408.21,607530.34,593871.83

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

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