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)
  • 470000.00,464900.00,465000.00,469000.00,473000.00,479500.00,479500.00,479000.00,474500.00,465000.00,466490.00,474990.00
  • 450000.00,450000.00,479000.00,471240.00,474990.00,470000.00,465000.00,450000.00,449900.00,455000.00,472500.00,469990.00
  • 450000.00,450000.00,455000.00,456490.00,457500.00,445000.00,454439.00,449900.00,441943.50,441000.00,450000.00,450000.00

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.
  • 4.13,3.9,3.95,4.3,4.57,4.75,4.83,4.7,4.46,4.3,4.29,4.54

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


Home Inventory:

(12 Month History)
  • 24786,23547,24075,26311,28003,29195,29789,28763,27445,26470,26460,28256
  • 7546,6146,11227,10650,11469,11211,10029,8533,8233,8798,9448,9477
  • 5239,5684,4819,5893,7075,7435,7242,6753,6310,6021,6215,5810

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.
  • 71.4,76.1,81.7,80.2,77.9,77.3,75.8,78.6,83.0,85.5,85.3,83.4

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


Volume:

(12 Month History)
  • 18642922542,17627367138,18208410146,20118135353,21399132631,22483223255,22891330044,21567277476,19574602436,18466060146,19144233745,21110226118
  • 5024010649,4008624703,8360900275,7234024273,7729535614,7277826091,6382000679,5131987468,4968527841,5663971551,6902354938,6956282044
  • 3101923702,3592785979,3129987300,3758918050,4584249371,4523005578,4518931664,4150265985,3744474570,3510024987,3719346350,3583911783

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 592083.17,632087.61,649509.71,637861.54,647950.44,608339.69,623989.46,614581.07,593419.11,582963.79,598446.72,616852.29
  • 579432.90,615299.38,631167.55,622904.75,632143.52,593445.73,608980.73,596257.57,577149.21,566912.95,582622.11,599669.11

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.
  • 98.2,97.8,97.7,98.0,98.0,98.0,98.0,97.9,97.8,97.8,97.8,97.8

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