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)
  • 480000.00,479900.00,469900.00,460650.00,464990.00,468251.50,470422.50,479000.00,479895.00,479900.00,475000.00,469997.00
  • 464900.00,455000.00,450000.00,450000.00,479000.00,471490.00,474900.00,470000.00,468000.00,453000.00,450000.00,461090.00
  • 442000.00,449900.00,449990.00,450000.00,453000.00,455465.00,456500.00,445000.00,454439.00,449500.00,440000.00,441995.00

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.
  • 3.65,3.96,4.12,3.88,3.95,4.29,4.56,4.75,4.83,4.7,4.46,4.36

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


Home Inventory:

(12 Month History)
  • 21368,23150,24265,23069,23655,25846,27488,28663,29266,28287,26989,26362
  • 9001,9409,7451,6073,11121,10467,11304,11048,9910,8455,8167,8757
  • 5487,5832,5155,5581,4733,5818,6964,7326,7112,6644,6196,5920

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.
  • 70.3,71.9,71.1,75.7,81.5,79.9,77.7,77.1,75.6,78.3,82.7,85.0

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


Volume:

(12 Month History)
  • 15730727771,17314205032,18188675361,17221157863,17832544453,19713943509,20965214958,22067182647,22473404829,21216210649,19288999247,18488113920
  • 6167522926,6386886685,4967323201,3968256178,8271993189,7108331724,7617089589,7163916234,6311234114,5107342593,4970929639,5716048864
  • 3184466348,3452840316,3047569707,3517901639,3069305002,3708757551,4509638432,4455118729,4427175398,4064569474,3654055091,3451301661

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 580365.65,592050.81,591187.14,630335.36,648490.39,637462.62,647564.39,608124.31,622493.73,611765.42,589744.20,582990.15
  • 567236.87,578685.25,578657.10,613784.58,630368.92,622589.80,631765.44,593328.81,607602.95,593670.54,573594.89,567053.45

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

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