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)
  • 336700.00,329421.50,319900.00,314900.00,312000.00,305000.00,303000.00,302000.00,305000.00,309000.00,314850.00,327950.00
  • 268000.00,250000.00,255500.00,259500.00,259900.00,265000.00,259000.00,249900.00,269000.00,266400.00,269900.00,279700.00
  • 250000.00,259000.00,250000.00,249000.00,245000.00,254900.00,251000.00,247250.00,255500.00,249999.00,249900.00,250000.00

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 2.13,2.18,2.18,2.15,2.19,2.29,2.39,2.36,2.37,2.56,2.53,2.49

Information is deemed to be reliable, but is not guaranteed. © 2019


Phoenix Inventory:

(12 Month History)
  • 3936,4028,4006,3994,4075,4233,4420,4345,4326,4643,4536,4392
  • 2548,2500,2141,2321,2156,2277,1917,1415,2400,2156,2625,2500
  • 2265,2062,1965,1967,1626,1700,1488,1492,1229,1465,1867,2205

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 57.9,57.1,55.0,56.4,61.6,61.4,62.9,63.6,69.8,68.5,70.4,66.0

Information is deemed to be reliable, but is not guaranteed. © 2019


Phoenix Volume:

(12 Month History)
  • 1859622626,1805976463,1755656965,1724623544,1738858898,1814450808,1888034201,1863983190,1885211199,2051898286,2039699427,2048623186
  • 844484350,784784465,675836933,761348780,726220190,777132215,635616280,455551718,878574076,740486309,930611474,912301172
  • 706387740,652215259,604255280,604909066,485231710,541720349,469834486,456407162,385552954,449771574,578213054,695068944

Information is deemed to be reliable, but is not guaranteed. © 2019


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 311870.97,316302.26,307509.05,307528.76,298420.49,318659.03,315748.98,305902.92,313712.74,307011.31,309701.69,315224.01
  • 305960.34,310406.35,302133.62,300324.51,292701.53,311045.26,308821.42,299837.19,305847.10,300147.67,303596.17,308649.67

Information is deemed to be reliable, but is not guaranteed. © 2019


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.
  • 98.5,98.6,98.7,97.9,98.4,98.1,98.2,98.3,97.9,98.0,98.2,98.4

Information is deemed to be reliable, but is not guaranteed. © 2019