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)

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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.
  • 4.57,4.75,4.83,4.7,4.47,4.32,4.31,4.45,4.44,4.13,4.08,4.5

Information is deemed to be reliable, but is not guaranteed. © 2026


Home Inventory:

(12 Month History)
  • 28016,29195,29795,28789,27492,26572,26590,27673,27723,25817,25739,28437
  • 11459,11200,10013,8525,8226,8798,9448,10152,7354,6329,11447,9843
  • 7073,7434,7242,6753,6309,6016,6203,6196,5409,6398,4865,5868

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 78.2,77.5,76.3,79.0,83.3,85.9,85.2,86.0,83.7,85.6,92.7,88.9

Information is deemed to be reliable, but is not guaranteed. © 2026


Volume:

(12 Month History)
  • 21358022455,22413615473,22804055824,21483185451,19486070774,18360667277,18978120133,20343268757,20767346319,19572361214,20066937026,22342180306
  • 7702102868,7248907054,6349550741,5100698282,4929911549,5591627425,6778887461,7228122290,5214296904,4472697707,8426763614,7209694076
  • 4583669481,4522840578,4517521664,4149025866,3742679769,3506933797,3710927302,3799096202,3334892531,4098727361,3221626922,3910014112

Information is deemed to be reliable, but is not guaranteed. © 2026


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 648051.67,608399.32,623794.76,614397.43,593228.68,582934.47,598247.19,613153.03,616545.12,640626.35,662204.92,666328.24
  • 632223.15,593394.72,608782.38,596085.16,576933.90,566853.81,582461.09,596428.79,600763.46,622610.49,643514.96,648331.42

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 98.0,98.0,98.0,97.9,97.8,97.8,97.8,97.8,97.8,97.7,97.6,97.6

Information is deemed to be reliable, but is not guaranteed. © 2026