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)
  • 464870.00,465000.00,469000.00,471900.00,479000.00,479000.00,477945.00,470000.00,465000.00,464900.00,469990.00,465000.00
  • 450000.00,479000.00,470047.50,474900.00,470000.00,465000.00,450000.00,449265.00,454000.00,469000.00,464900.00,462007.50
  • 450000.00,455000.00,456245.00,457545.00,445000.00,454305.00,449900.00,441332.50,441000.00,450000.00,450000.00,450000.00

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.
  • 3.9,3.95,4.3,4.57,4.75,4.83,4.7,4.46,4.31,4.3,4.43,4.44

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


Home Inventory:

(12 Month History)
  • 23560,24087,26324,28013,29184,29778,28764,27445,26513,26511,27568,27689
  • 6144,11225,10646,11459,11200,10014,8525,8226,8798,9448,10152,7350
  • 5683,4822,5892,7074,7435,7241,6755,6308,6019,6204,6196,5411

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.
  • 76.3,82.0,80.4,78.1,77.4,76.1,78.8,83.3,85.8,85.2,86.0,83.5

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


Volume:

(12 Month History)
  • 17619873748,18192756552,20097314574,21369976753,22434645396,22834634151,21507683222,19502059412,18378541464,19027658216,20427324655,21006693492
  • 4005444779,8352346050,7225259410,7715043819,7258688316,6359837356,5109819167,4942868230,5616279525,6830999264,7301050162,5302341772
  • 3592362972,3131515297,3758223050,4583809481,4523005578,4517356664,4152135865,3742269770,3509059797,3713060503,3798347655,3335332977

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 632124.40,649422.50,637851.84,647979.85,608339.69,623858.12,614675.92,593257.73,582997.14,598494.60,613032.22,616398.63
  • 615332.68,631082.00,622893.03,632169.83,593441.83,608850.57,596340.95,576980.42,566919.10,582702.29,596327.02,600629.42

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

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