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)
  • 464890.00,465000.00,469000.00,472500.00,479000.00,479000.00,478000.00,472490.00,465000.00,465000.00,470000.00,469000.00
  • 450000.00,479000.00,470122.50,474900.00,470000.00,465000.00,450000.00,449724.50,454925.00,469925.00,465000.00,465000.00
  • 450000.00,455000.00,456490.00,457545.00,445000.00,454439.00,449900.00,441665.00,441000.00,450000.00,450000.00,450000.00

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.
  • 3.9,3.95,4.3,4.57,4.75,4.83,4.69,4.47,4.3,4.29,4.43,4.52

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


Home Inventory:

(12 Month History)
  • 23537,24076,26314,28008,29174,29757,28738,27477,26472,26475,27544,28171
  • 6144,11227,10646,11459,11212,10014,8525,8226,8798,9448,10152,7284
  • 5683,4821,5893,7074,7435,7242,6754,6309,6019,6205,6199,5415

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.
  • 76.0,81.7,80.1,77.9,77.2,75.8,78.6,83.0,85.6,85.2,85.9,83.3

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


Volume:

(12 Month History)
  • 17602300997,18195164570,20102271224,21381516987,22434215987,22828596809,21494894296,19549043649,18375744086,19030612115,20456562559,21401327835
  • 4005680029,8359300549,7226267441,7716221984,7270656655,6362211431,5114303952,4951445599,5623730640,6847230460,7316134179,5277295978
  • 3592362972,3130820297,3758918050,4583809481,4523005578,4518931664,4150560865,3743719770,3509059797,3713960503,3799662645,3330462479

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 632124.40,649413.05,637861.54,647979.85,608339.69,623989.46,614533.74,593393.53,582997.14,598543.19,612947.68,615043.86
  • 615333.21,631078.49,622904.75,632171.60,593445.46,608979.84,596207.15,577111.66,566920.76,582742.28,596253.14,599250.76

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