Note: These charts represent the last 12-months of activity on residential real estate in Phoenix.
Phoenix Home Prices:
(12 Month History)
- 485000.00,479900.00,495000.00,495900.00,490744.50,485000.00,489000.00,475000.00,455000.00,455000.00,459000.00,450000.00
- 436500.00,455000.00,459900.00,462500.00,460000.00,449000.00,444900.00,425000.00,435000.00,450000.00,429000.00,449990.00
- 425000.00,425000.00,449000.00,439000.00,448999.00,455000.00,445000.00,425000.00,440000.00,445000.00,434950.00,435450.00
Information is deemed to be reliable, but is not guaranteed. © 2024
Phoenix 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 would reflect more of a buyer’s market and a lower number a seller’s market.
- 2.48,2.48,2.62,2.75,2.86,3,3.08,3.15,3.2,3.46,3.7,3.84
Information is deemed to be reliable, but is not guaranteed. © 2024
Phoenix Inventory:
(12 Month History)
- 2824,2787,2929,3049,3132,3284,3339,3360,3425,3650,3887,4044
- 916,1650,1623,1745,1740,1788,1545,1446,1658,1632,1675,1293
- 855,819,1010,1259,1249,1369,1134,1191,954,979,1071,936
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market in Phoenix:
(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.
- 54.0,58.8,61.2,58.9,60.8,54.8,56.1,57.8,62.3,62.6,63.9,65.3
Information is deemed to be reliable, but is not guaranteed. © 2024
Phoenix Volume:
(12 Month History)
- 1929994497,1888168009,2085208372,2175279740,2206362501,2245771013,2286334573,2172830684,2141168177,2298840639,2507766642,2640664536
- 534277427,1063286824,1017926847,1117371388,1076428316,1061658767,872524843,802341900,963394939,1008853232,999768255,841980016
- 493527707,456259187,596174566,724893671,754350356,800727596,661115500,652183482,542196081,554278534,627677196,543600352
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 577225.39,557093.02,590271.85,575769.40,603963.46,584899.63,582994.27,547593.18,568339.71,566168.06,586066.48,580769.61
- 562746.77,540171.16,576775.51,565960.27,591269.04,574017.72,570334.21,535407.52,556138.71,552513.38,573897.17,568604.44
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.
- 97.9,97.5,98.2,98.5,98.3,98.5,98.2,98.4,98.0,97.9,98.3,98.1
Information is deemed to be reliable, but is not guaranteed. © 2024