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)
  • 449450.00,450000.00,450000.00,456000.00,450000.00,469900.00,479949.50,464000.00,453000.00,449000.00,442750.00,439000.00
  • 399999.00,400000.00,419900.00,429900.00,449900.00,450000.00,449000.00,440000.00,425000.00,422000.00,426000.00,424000.00
  • 390000.00,399000.00,409000.00,420000.00,425000.00,439000.00,449000.00,439000.00,425000.00,419000.00,420000.00,425000.00

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


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.
  • 1.01,0.84,0.75,0.65,0.68,0.77,1.03,1.49,2.01,2.27,2.37,2.46

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


Phoenix Inventory:

(12 Month History)
  • 2036,1692,1495,1305,1352,1526,2010,2884,3750,4120,4174,4189
  • 1902,1489,1833,1850,2282,2305,2584,2828,2363,2108,1861,1582
  • 1868,2043,1560,1711,2026,1941,1779,1565,1331,1335,1336,1103

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


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.
  • 32.2,33.7,34.1,33.7,27.6,23.6,23.2,27.7,29.1,37.6,46.9,53.6

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


Phoenix Volume:

(12 Month History)
  • 1213911342,1006614788,910856753,865250202,857668808,980186202,1314320396,1826041563,2273387995,2397521018,2399267030,2424769800
  • 932140236,698240896,975155960,1005078839,1276713574,1338960208,1492543733,1564398179,1236097984,1091472472,1001855648,881367141
  • 880719324,990224758,765581417,879655427,1047308019,1061252005,964498962,855294228,678765401,689372684,680321702,574237959

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 471477.15,484691.51,490757.32,514117.72,516933.87,546755.28,542157.93,546513.88,509966.49,516384.03,509222.83,520614.65
  • 471445.84,484163.64,491268.00,519991.73,526778.06,558054.55,553429.25,547122.01,503020.90,505225.76,495154.33,505089.45

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.
  • 100.6,100.4,100.5,101.4,102.3,102.7,102.3,100.7,99.1,98.1,97.6,97.2

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