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)
  • 464870.00,465000.00,469000.00,471990.00,479000.00,479000.00,477990.00,470000.00,465000.00,464950.00,469990.00,465000.00
  • 450000.00,479000.00,470047.50,474900.00,470000.00,465000.00,450000.00,449490.00,454000.00,469000.00,464900.00,462665.00
  • 450000.00,455000.00,456490.00,457545.00,445000.00,454305.00,449900.00,441332.50,441000.00,450000.00,450000.00,450000.00

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.
  • 3.9,3.95,4.3,4.57,4.75,4.83,4.69,4.46,4.31,4.3,4.43,4.45

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


Home Inventory:

(12 Month History)
  • 23560,24067,26303,27991,29184,29777,28740,27423,26510,26503,27562,27774
  • 6144,11225,10646,11459,11200,10014,8525,8226,8798,9448,10152,7342
  • 5683,4822,5893,7074,7435,7241,6755,6308,6019,6204,6196,5411

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.
  • 76.3,82.0,80.1,78.1,77.2,76.1,78.8,83.0,85.8,85.2,86.0,83.5

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


Volume:

(12 Month History)
  • 17619925748,18181907653,20085035065,21358633253,22434792836,22834226591,21489782362,19484961448,18375423931,19020419738,20421647549,21073643403
  • 4005444779,8356632450,7225273700,7715100419,7258781843,6360192546,5109926959,4943035631,5616736633,6832388900,7302616993,5299418104
  • 3592362972,3131515297,3758918050,4583809481,4523005578,4517356664,4152135865,3742269770,3509059797,3713060503,3798347655,3331986977

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 632124.40,649422.50,637861.54,647979.85,608339.69,623858.12,614675.92,593257.73,582997.14,598494.60,613032.22,615780.26
  • 615332.68,631082.00,622903.06,632171.60,593444.79,608850.57,596340.95,576980.42,566920.76,582702.29,596327.02,599981.48

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