Phoenix Metro Real Estate Statistics

STATISTICS BY CITY:
Anthem – Apache Junction – Avondale – Buckeye – Carefree – Casa Grande – Cave Creek – Chandler – El Mirage – Fountain Hills – Gilbert – Glendale – Gold Canyon – Goodyear – Laveen – Litchfield Park – Maricopa – Mesa – New River – Paradise Valley – Peoria – Phoenix – Queen Creek – Rio Verde – San Tan Valley – Scottsdale – Sun City – Sun City West – Sun Lakes – Surprise – Tempe – Tolleson – Wickenburg
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)
  • 495000.00,490000.00,489000.00,479944.00,480000.00,479900.00,469995.00,464900.00,465000.00,469999.00,475000.00,489000.00
  • 467000.00,455000.00,449990.00,458165.00,465000.00,456390.00,450000.00,450000.00,479900.00,475000.00,478995.00,479900.00
  • 450000.00,450000.00,440000.00,440000.00,442000.00,449900.00,449990.00,450000.00,453000.00,455465.00,457000.00,445000.00

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.

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Home Inventory:

(12 Month History)

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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.

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Volume:

(12 Month History)

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Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)

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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.

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