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)
  • 329835.50,334000.00,336900.00,329871.00,319900.00,314900.00,313000.00,305000.00,305000.00,305000.00,309900.00,310000.00
  • 265000.00,269999.50,268000.00,250000.00,256000.00,259700.00,259900.00,265000.00,259250.00,250000.00,269000.00,269000.00
  • 239265.00,244999.00,250000.00,259000.00,250000.00,249000.00,245000.00,254900.00,251000.00,247500.00,255000.00,249900.00

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.
  • 2.11,2.11,2.13,2.18,2.18,2.15,2.19,2.28,2.38,2.35,2.36,2.57

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


Phoenix Inventory:

(12 Month History)
  • 3878,3911,3936,4027,4004,3991,4072,4228,4412,4334,4315,4656
  • 2639,2480,2548,2500,2142,2322,2156,2277,1917,1415,2400,2156
  • 2197,2079,2265,2062,1965,1967,1626,1700,1488,1493,1228,1470

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.
  • 65.1,59.1,57.9,57.1,55.0,56.4,61.6,61.4,62.9,63.6,69.9,68.5

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


Phoenix Volume:

(12 Month History)
  • 1820257729,1852689074,1862751537,1808686166,1758129631,1726940687,1742508643,1817859348,1891875364,1869843124,1893099577,2073533621
  • 881748125,819923900,844549992,784912215,676346360,762912731,727377222,778062834,637568250,457811401,880839886,747385941
  • 656276272,616782335,706387740,652215259,604255280,604909066,485231710,541720349,469834486,456795962,385121554,450487983

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 298714.73,296672.60,311870.97,316302.26,307509.05,307528.76,298420.49,318659.03,315748.98,305958.45,313616.90,306454.41
  • 293001.28,291301.49,305960.34,310410.23,302133.62,300330.87,292712.29,311048.20,308822.09,299902.30,305724.43,299655.97

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.
  • 98.5,98.5,98.5,98.6,98.7,97.9,98.4,98.1,98.2,98.3,97.9,98.0

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