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)
  • 470000.00,464900.00,465000.00,469000.00,472900.00,479000.00,479500.00,479000.00,474000.00,465000.00,465000.00,474000.00
  • 450000.00,450000.00,479000.00,470990.00,474990.00,470000.00,465000.00,450000.00,449900.00,454990.00,470000.00,469000.00
  • 450000.00,450000.00,455000.00,456490.00,457545.00,445000.00,454439.00,449900.00,441781.00,441000.00,450000.00,450000.00

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.
  • 4.13,3.9,3.95,4.3,4.57,4.75,4.83,4.7,4.46,4.31,4.29,4.47

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


Home Inventory:

(12 Month History)
  • 24783,23546,24075,26311,28005,29196,29793,28774,27453,26490,26465,27781
  • 7546,6145,11227,10650,11470,11212,10029,8533,8233,8798,9448,10112
  • 5239,5683,4820,5893,7074,7435,7242,6755,6310,6021,6220,6199

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.
  • 71.4,76.1,81.8,80.2,77.9,77.3,75.8,78.6,83.0,85.6,85.3,86.4

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


Volume:

(12 Month History)
  • 18635194886,17621518201,18202304652,20109889050,21391012313,22468339156,22875329879,21548275976,19551902541,18438306358,19097199048,20714834281
  • 5022575771,4007464539,8360074041,7230582278,7727860231,7274872955,6376224154,5124780947,4961787353,5647041292,6872275450,7330658581
  • 3101923702,3592362972,3130397290,3758918050,4583809481,4523005578,4518931664,4151155865,3744239560,3510214997,3721744273,3805250735

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 592083.17,632124.40,649460.02,637861.54,647979.85,608339.69,623989.46,614530.85,593381.86,582995.35,598351.17,613849.13
  • 579432.90,615333.21,631121.66,622904.75,632172.10,593445.73,608980.46,596205.38,577112.28,566918.10,582532.04,596822.52

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