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)
  • 490000.00,489000.00,479990.00,480000.00,479900.00,469995.00,464900.00,465000.00,469990.00,475000.00,485000.00,489000.00
  • 455000.00,449990.00,458900.00,465000.00,456390.00,450000.00,450000.00,479900.00,475000.00,475000.00,476990.00,475000.00
  • 450000.00,440000.00,440000.00,442000.00,449900.00,449990.00,450000.00,453000.00,455465.00,457000.00,445000.00,455000.00

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.
  • 3.45,3.46,3.44,3.65,3.96,4.11,3.88,3.94,4.28,4.55,4.74,4.97

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


Home Inventory:

(12 Month History)
  • 20561,20329,20279,21359,23138,24246,23040,23606,25775,27394,28637,30130
  • 8192,7689,8817,9001,9409,7451,6073,11120,10466,11304,11045,9074
  • 6318,6208,5731,5487,5833,5157,5583,4731,5816,6962,7329,6591

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.
  • 65.2,66.8,71.1,70.3,71.9,71.1,75.7,81.5,80.0,77.7,77.0,72.7

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


Volume:

(12 Month History)
  • 16251562844,15290803021,14807738105,15737193460,17327936493,18209359171,17242407308,17852869317,19769815606,21076173196,22310582236,23399590017
  • 4981194792,4524924339,5501471509,6174003842,6396234637,4977775418,3977790606,8298865764,7155184807,7688122671,7291525955,5930464087
  • 3832718469,3605671353,3365585855,3184466348,3453090116,3047994507,3518767629,3068392112,3707754840,4509454189,4456423124,4136881501

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 606634.77,580810.46,587259.79,580365.65,591992.13,591040.24,630264.67,648571.57,637509.43,647723.96,608053.37,627656.12
  • 592895.04,566970.22,574118.55,567238.69,578633.02,578519.57,613712.46,630427.60,622670.86,631955.54,593252.89,612569.12

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.
  • 98.3,98.3,98.1,98.2,98.2,98.2,97.9,97.8,98.0,98.0,98.0,98.0

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