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)
  • 520000.00,530750.00,529000.00,499900.00,499900.00,499990.00,485000.00,489000.00,480000.00,498000.00,499000.00,499000.00
  • 430000.00,449900.00,420000.00,439000.00,449000.00,444500.00,435000.00,439000.00,456495.00,460000.00,465000.00,465000.00
  • 425000.00,420000.00,425000.00,420000.00,420000.00,428999.00,419900.00,425000.00,425000.00,449000.00,439000.00,448249.50

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 1.71,1.71,1.68,1.76,1.95,2.24,2.53,2.47,2.46,2.6,2.72,2.84

Information is deemed to be reliable, but is not guaranteed. © 2024


Phoenix Inventory:

(12 Month History)
  • 2159,2126,2048,2121,2317,2607,2925,2813,2771,2910,3017,3112
  • 1469,1397,1358,1498,1528,1500,1281,916,1650,1623,1742,1737
  • 1506,1326,1153,1129,1057,1021,758,855,819,1011,1259,1250

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 60.2,53.3,48.6,45.5,45.2,43.8,47.6,54.0,58.8,61.1,58.9,60.8

Information is deemed to be reliable, but is not guaranteed. © 2024


Phoenix Volume:

(12 Month History)
  • 1609611729,1606695017,1480507985,1478433563,1631490292,1838010757,2032365607,1929662584,1887391931,2086850932,2178987214,2246942642
  • 850338203,828114421,753396506,867388541,933646919,917357492,797110176,537088168,1068625412,1022926814,1120418404,1091354868
  • 823847315,685534292,617212947,611898240,579195666,584931271,413916356,493527707,456259187,596443566,724273271,755320756

Information is deemed to be reliable, but is not guaranteed. © 2024


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 547043.37,516994.19,535310.45,541982.50,547961.84,572900.36,546063.79,577225.39,557093.02,589954.07,575276.63,604256.60
  • 535988.39,509886.02,526094.27,533477.28,538595.07,562990.71,535181.37,562746.77,540346.99,576462.59,565561.95,591570.00

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 98.6,98.7,98.7,98.8,98.7,98.8,98.2,97.9,97.6,98.2,98.6,98.3

Information is deemed to be reliable, but is not guaranteed. © 2024