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)
  • 312000.00,305000.00,302000.00,300000.00,305000.00,307000.00,312499.00,324925.00,340000.00,344900.00,344400.00,339700.00
  • 259900.00,265000.00,259000.00,249980.00,269000.00,266400.00,269900.00,275000.00,274900.00,275000.00,264900.00,270000.00
  • 245000.00,254900.00,251000.00,247250.00,255500.00,249999.50,249900.00,250000.00,260000.00,263000.00,259974.50,265000.00

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.
  • 2.19,2.29,2.39,2.36,2.37,2.57,2.54,2.45,2.24,2.19,2.01,1.88

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


Phoenix Inventory:

(12 Month History)
  • 4074,4233,4422,4349,4331,4655,4549,4324,3986,3896,3600,3391
  • 2156,2277,1917,1415,2400,2156,2624,2500,2583,2099,2057,2203
  • 1626,1700,1488,1490,1228,1464,1867,2197,2341,2157,2108,1981

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.
  • 61.6,61.4,62.9,63.6,69.7,68.6,70.3,66.2,63.1,62.0,62.4,59.8

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


Phoenix Volume:

(12 Month History)
  • 1736049365,1811305762,1884134431,1859503797,1878911628,2044115553,2027250174,1993242235,1912324986,1865223081,1711225786,1612384445
  • 725615126,776728616,633527548,455177032,874859619,737499656,924264113,902677035,921790727,734787183,669185583,760179977
  • 485231710,541720349,469834486,455982167,385332954,449647674,578131949,692316453,743596507,721377197,676924459,640853875

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 298420.49,318659.03,315748.98,306028.30,313789.05,307136.39,309658.25,315119.00,317640.54,334435.42,321121.66,323500.19
  • 292701.53,311047.99,308819.67,299962.47,305927.18,300199.65,303547.81,308517.34,311357.73,327486.82,315174.08,317401.01

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

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