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)
  • 489000.00,489000.00,494900.00,495000.00,492742.00,489550.00,480000.00,483245.00,480000.00,474997.00,469000.00,475000.00
  • 464995.00,460000.00,475000.00,467000.00,455000.00,449999.00,459900.00,465555.00,459970.00,450000.00,459990.00,490000.00
  • 440000.00,444997.50,450000.00,450000.00,450000.00,440000.00,440000.00,441980.00,449900.00,449995.00,450000.00,453000.00

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.
  • 3.12,3.28,3.32,3.37,3.45,3.46,3.44,3.65,3.95,4.1,3.86,3.95

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


Home Inventory:

(12 Month History)
  • 18878,19863,19851,20236,20563,20330,20275,21344,23102,24186,22943,23699
  • 8990,9822,9621,9474,8192,7689,8818,9001,9410,7451,6073,11084
  • 5759,6768,7049,7601,6318,6208,5732,5487,5837,5155,5586,4723

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.
  • 68.7,67.1,66.0,64.7,65.2,66.8,71.0,70.3,71.9,71.1,75.7,81.5

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


Volume:

(12 Month History)
  • 15738894756,16571073146,16656005569,16725962164,16287743012,15335577435,14864086029,15808930075,17423301747,18356521501,17433522396,18266672289
  • 6002480399,6555609900,6341239722,6075250772,4988216394,4536748800,5538714705,6207805055,6450875694,5039194769,4040713294,8499555344
  • 3400490754,4013280676,4409273282,4642016354,3832606379,3605698644,3384329058,3184172358,3455899902,3047269978,3528969216,3064681236

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 590465.49,592978.82,625517.56,610711.27,606617.03,580814.86,590427.26,580312.08,592067.83,591129.00,631752.46,648884.45
  • 578132.44,580604.92,612116.88,597724.77,592878.87,566965.60,577298.26,567181.41,578729.73,578609.79,614961.41,630759.52

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

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