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)
- 480000.00,479990.00,480000.00,489000.00,489500.00,494990.00,495000.00,494500.00,489990.00,484990.00,489000.00,489850.00
- 449900.00,445000.00,465000.00,464995.00,461536.50,475000.00,468000.00,459000.00,450000.00,461990.00,472000.00,469000.00
- 440000.00,430000.00,431900.00,440000.00,445000.00,450000.00,450000.00,450000.00,440000.00,440000.00,441500.00,450000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 2.98,2.96,2.95,3.12,3.28,3.32,3.36,3.44,3.45,3.42,3.63,4.06
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 18124,17904,17782,18871,19852,19826,20200,20514,20251,20163,21245,23718
- 7017,5389,9212,8990,9822,9620,9475,8192,7688,8819,8999,8539
- 4634,4925,4437,5759,6769,7048,7601,6317,6210,5734,5483,5426
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
and the “under contract” date among the homes sold in a given month.
- 57.4,61.6,68.4,68.7,67.1,66.0,64.7,65.2,66.8,71.0,70.2,69.6
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 14192637127,13912200108,14193888043,15719676901,16555548498,16636571044,16709029168,16248121841,15281254418,14831627623,17751596869,18019465956
- 4617339438,3429029290,6691931270,6011307921,6559733974,6350987776,6093910992,5002249177,4562423060,5582745992,8206926485,5966522600
- 2713241126,2825308862,2568408737,3400605754,4013664676,4408873283,4641789413,3832215515,3606618418,3385654810,3183908467,3218498625
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 585507.36,573666.77,578861.56,590485.46,592947.95,625549.56,610681.41,606651.18,580775.91,590452.53,580687.30,593162.30
- 571679.61,559071.71,564024.68,578161.09,580572.33,612151.71,597707.53,592912.15,566957.45,577335.01,567587.76,579792.69
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 98.1,97.8,97.8,98.1,98.3,98.3,98.3,98.3,98.3,98.1,98.2,98.2
Information is deemed to be reliable, but is not guaranteed. © 2024