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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)
- 479990.00,480000.00,489000.00,489600.00,494950.00,495000.00,494000.00,489900.00,480000.00,485000.00,485000.00,477000.00
- 445000.00,465000.00,464995.00,460412.50,475000.00,467900.00,457950.00,450000.00,460000.00,469638.50,463990.00,459000.00
- 430000.00,431900.00,440000.00,445000.00,450000.00,450000.00,450000.00,440000.00,440000.00,441980.00,449900.00,449997.50
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.
- 2.96,2.95,3.12,3.28,3.32,3.36,3.44,3.46,3.43,3.64,3.94,4.09
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 17904,17789,18880,19861,19841,20219,20543,20298,20228,21286,23010,24127
- 5389,9212,8990,9822,9620,9475,8192,7689,8819,9002,9410,7447
- 4924,4437,5759,6769,7048,7601,6317,6209,5734,5487,5840,5156
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.
- 61.6,68.4,68.7,67.1,66.0,64.7,65.2,66.8,71.0,70.3,71.9,71.1
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 13926206396,14215308815,15740676770,16569745162,16654746006,16726669727,16288188933,15330283674,14860017670,15808270413,17439706434,18502755355
- 3428541719,6689772812,6004237396,6557223065,6345975462,6084736133,4993257112,4547253937,5555258647,6248450596,6505163766,5102497152
- 2822458862,2568408737,3400605754,4013664676,4408873283,4641789413,3832185389,3606113518,3385514651,3183924458,3456800012,3047977711
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 573204.48,578861.56,590485.46,592947.95,625549.56,610681.41,606646.41,580788.13,590428.09,580266.90,591917.81,591151.61
- 558604.63,564024.68,578161.09,580572.33,612148.82,597701.87,592906.24,566947.47,577299.89,567141.44,578601.68,578638.06
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.
- 97.8,97.8,98.1,98.3,98.3,98.3,98.3,98.3,98.1,98.2,98.2,98.2
Information is deemed to be reliable, but is not guaranteed. © 2024