Phoenix MLS Statistics

Note: These charts represent the last 12-months of activity on residential real estate in Phoenix.

Phoenix Home Prices:

(12 Month History)
  • 450000.00,469000.00,479420.00,460000.00,450000.00,444450.00,439000.00,430000.00,429799.00,420000.00,430000.00,449900.00
  • 449900.00,450000.00,449000.00,440000.00,425000.00,419000.00,425000.00,416990.00,399000.00,400000.00,429949.50,434000.00
  • 425000.00,439000.00,449000.00,439000.00,425000.00,419000.00,420000.00,425000.00,399000.00,399900.00,398000.00,399000.00

Information is deemed to be reliable, but is not guaranteed. © 2023

Phoenix 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 would reflect more of a buyer’s market and a lower number a seller’s market.
  • 0.68,0.77,1.03,1.5,2.01,2.27,2.37,2.46,2.43,2.21,2.06,1.98

Information is deemed to be reliable, but is not guaranteed. © 2023

Phoenix Inventory:

(12 Month History)
  • 1348,1523,2007,2885,3752,4122,4178,4197,3961,3454,3039,2805
  • 2282,2305,2584,2828,2363,2108,1861,1583,1191,971,1416,1362
  • 2026,1941,1779,1564,1332,1334,1335,1100,1001,1023,875,1155

Information is deemed to be reliable, but is not guaranteed. © 2023

Average Days on Market in Phoenix:

(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.
  • 27.6,23.7,23.3,27.7,29.1,37.7,46.9,53.6,59.1,65.2,77.1,80.1

Information is deemed to be reliable, but is not guaranteed. © 2023

Phoenix Volume:

(12 Month History)
  • 853860156,977171950,1310311262,1822851778,2266814057,2386972062,2380242198,2395579493,2239089248,1954015180,1812243117,1847920187
  • 1276696007,1338399507,1491569565,1561550252,1233042063,1085510714,989578761,866854114,609577846,515163452,849536215,857977621
  • 1047308019,1061252005,964498962,854816228,679243401,688922684,679946702,573008059,502257588,514536316,429799173,571944762

Information is deemed to be reliable, but is not guaranteed. © 2023

Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 516933.87,546755.28,542157.93,546557.69,509942.49,516433.80,509323.37,520916.42,501755.83,502968.05,491199.05,495190.27
  • 526769.18,558054.55,553426.72,547166.21,502984.48,505259.14,495249.58,505446.69,485343.04,485797.88,474203.00,478949.27

Information is deemed to be reliable, but is not guaranteed. © 2023

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.
  • 102.3,102.7,102.3,100.7,99.1,98.1,97.6,97.2,97.0,96.7,96.6,97.4

Information is deemed to be reliable, but is not guaranteed. © 2023