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)
  • 470000.00,464900.00,465000.00,469000.00,472700.00,479000.00,479500.00,479000.00,472997.00,465000.00,465000.00,470000.00
  • 450000.00,450000.00,479000.00,470570.00,474970.00,470000.00,465000.00,450000.00,449900.00,454990.00,469990.00,465000.00
  • 450000.00,450000.00,455000.00,456490.00,457545.00,445000.00,454439.00,449900.00,441665.00,441000.00,450000.00,450000.00

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.
  • 4.13,3.9,3.95,4.3,4.57,4.75,4.83,4.7,4.46,4.31,4.29,4.44

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


Home Inventory:

(12 Month History)
  • 24783,23546,24075,26312,28006,29196,29794,28777,27462,26497,26474,27604
  • 7546,6145,11227,10650,11470,11212,10029,8533,8233,8798,9448,10147
  • 5239,5683,4821,5893,7074,7435,7242,6755,6309,6022,6219,6209

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.
  • 71.3,76.1,81.7,80.1,77.9,77.2,75.8,78.6,83.0,85.6,85.3,86.1

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


Volume:

(12 Month History)
  • 18634938491,17621299207,18201124267,20108084529,21388315065,22466131301,22872820101,21544979828,19552834429,18436038792,19087732362,20566130504
  • 5022298670,4007249039,8359668657,7230268177,7726979755,7272047613,6375154454,5123427392,4960650296,5643368181,6863973079,7342242788
  • 3101923702,3592362972,3130820297,3758918050,4583809481,4523005578,4518931664,4151155865,3743719770,3510734787,3721224283,3810865151

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 592083.17,632124.40,649413.05,637861.54,647979.85,608339.69,623989.46,614530.85,593393.53,582984.85,598363.77,613764.72
  • 579432.90,615333.21,631078.49,622904.75,632171.60,593445.73,608980.46,596205.38,577111.66,566909.48,582547.08,596746.70

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