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)

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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.

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Phoenix Inventory:

(12 Month History)

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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.
  • 26.6,27.5,29.2,32.2,33.7,34.1,33.7,27.6,23.6,23.2,27.7,29.1

Information is deemed to be reliable, but is not guaranteed. © 2022


Phoenix Volume:

(12 Month History)
  • 1197508058,1184204411,1285326025,1215359382,1005863876,910489941,864564890,858329030,982273011,1327362336,1861087279,2388701193
  • 1094517290,1137782650,1111793283,932219336,698268896,975546560,1005273039,1278352309,1345819224,1507569280,1593683261,1275004656
  • 862237053,921912585,915519721,880719324,990937810,765581417,879655427,1047308019,1061252005,964878962,855667593,678240401

Information is deemed to be reliable, but is not guaranteed. © 2022


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 448614.49,450592.66,467101.90,471477.15,484803.23,490757.32,514117.72,516933.87,546755.28,542066.83,546752.46,510338.90
  • 452597.06,452776.70,468459.95,471445.84,484275.62,491268.00,519998.16,526725.49,558096.81,553368.33,547372.18,503452.76

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 101.4,100.9,100.7,100.6,100.4,100.5,101.4,102.3,102.7,102.3,100.7,99.1

Information is deemed to be reliable, but is not guaranteed. © 2022