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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)
- 494000.00,480000.00,479990.00,480000.00,489000.00,489600.00,494999.00,495000.00,494995.00,490000.00,485000.00,489999.00
- 459900.00,449900.00,445000.00,465000.00,465000.00,462250.00,475000.00,469000.00,459900.00,450000.00,465000.00,475000.00
- 435000.00,440000.00,430000.00,431900.00,440000.00,445000.00,450000.00,450000.00,450000.00,440000.00,440000.00,440000.00
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.
- 2.73,2.98,2.96,2.94,3.12,3.28,3.31,3.36,3.43,3.44,3.41,3.7
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 16633,18121,17900,17777,18864,19845,19817,20188,20492,20221,20126,21678
- 8266,7017,5389,9212,8990,9822,9620,9475,8191,7688,8819,8889
- 5206,4633,4926,4437,5759,6770,7047,7600,6317,6210,5735,5451
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.
- 55.8,57.4,61.6,68.4,68.7,67.2,66.0,64.7,65.2,66.8,71.0,70.5
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 13229294200,14189026632,13904946907,14187025701,15701715392,16532628569,16618533230,16697886812,16227520895,15264573943,14825201655,18076122519
- 5633843530,4617520277,3429349478,6693658813,6012628780,6563140244,6357304028,6101090744,5010710180,4577601423,5607833326,8161397469
- 3080031165,2712652126,2825897862,2568408737,3400605754,4014764676,4407773283,4640038423,3832145505,3606713318,3387254859,3159779707
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 591631.03,585506.61,573669.89,578861.56,590485.46,593022.85,625482.23,610531.37,606640.10,580791.19,590628.57,579669.73
- 579474.16,571681.05,559074.95,564052.86,578157.62,580634.28,612094.09,597544.73,592910.60,566967.59,577520.91,566536.13
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.
- 98.3,98.1,97.8,97.8,98.1,98.3,98.3,98.3,98.3,98.3,98.1,98.2
Information is deemed to be reliable, but is not guaranteed. © 2024