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)
  • 319900.00,314900.00,311521.00,305000.00,302000.00,300000.00,305000.00,307000.00,312000.00,324999.00,344000.00,349000.00
  • 255500.00,259500.00,259900.00,265000.00,259000.00,249900.00,269000.00,266900.00,269900.00,275000.00,275000.00,275865.00
  • 250000.00,249000.00,245000.00,254900.00,251000.00,247250.00,255500.00,249949.50,249950.00,250000.00,260000.00,263000.00

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.
  • 2.18,2.15,2.19,2.29,2.39,2.36,2.37,2.56,2.53,2.44,2.23,2.19

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


Phoenix Inventory:

(12 Month History)
  • 4004,3993,4074,4233,4419,4346,4327,4650,4541,4311,3962,3912
  • 2141,2321,2156,2277,1917,1415,2400,2156,2625,2500,2583,2098
  • 1964,1967,1626,1700,1488,1490,1228,1464,1867,2200,2339,2158

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.
  • 55.0,56.4,61.6,61.4,62.9,63.6,69.7,68.5,70.4,66.2,63.1,62.1

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


Phoenix Volume:

(12 Month History)
  • 1754199152,1723221131,1737053125,1812345891,1883501650,1858787915,1878284306,2044847841,2026910316,1992566038,1913658678,1890984102
  • 675735333,761108580,725671595,776786906,633601147,455017292,875891429,738368139,926225612,904534544,925607424,737822316
  • 604067780,604909066,485231710,541720349,469834486,455982167,385332954,449477574,578302049,693946253,743304207,722039497

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 307570.15,307528.76,298420.49,318659.03,315748.98,306028.30,313789.05,307020.20,309749.36,315430.11,317787.18,334587.35
  • 302194.03,300319.43,292701.53,311044.08,308819.67,299963.14,305927.18,300147.12,303651.18,308834.36,311526.39,327680.06

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

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