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)

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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.
  • 4.83,4.7,4.47,4.32,4.32,4.46,4.45,4.14,4.09,4.37,4.44,4.53

Information is deemed to be reliable, but is not guaranteed. © 2026


Home Inventory:

(12 Month History)
  • 29188,29793,28790,27496,26580,26605,27693,27762,25882,25787,27563,28223
  • 11200,10013,8525,8226,8798,9448,10151,7354,6329,11446,10007,11223
  • 7434,7242,6753,6309,6015,6203,6195,5408,6396,4860,5879,7731

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 76.3,79.0,83.3,85.9,85.3,86.0,83.7,85.6,92.7,89.1,84.2,81.8

Information is deemed to be reliable, but is not guaranteed. © 2026


Volume:

(12 Month History)
  • 22775841576,21456632359,19457244086,18315837836,18909990602,20255372154,20630686719,19457844767,19852496137,21271805614,21889409049,22711885604
  • 6346477721,5096102644,4920708448,5576967197,6757980119,7164327736,5171041759,4423780101,8298231731,7149572021,7621903577,7138475222
  • 4517521664,4149025866,3742679769,3506538797,3710996802,3798427212,3334801571,4095333361,3219847422,3918656611,5162471032,4858428118

Information is deemed to be reliable, but is not guaranteed. © 2026


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 623794.76,614397.43,593228.68,582965.72,598258.39,613243.01,616528.30,640496.30,662656.39,666664.96,667503.37,628028.45
  • 608782.38,596083.98,576930.73,566862.53,582469.78,596522.73,600745.53,622463.48,643959.71,648624.78,649382.95,612068.00

Information is deemed to be reliable, but is not guaranteed. © 2026


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.
  • 98.0,97.9,97.8,97.8,97.8,97.8,97.8,97.7,97.6,97.6,97.9,97.9

Information is deemed to be reliable, but is not guaranteed. © 2026