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)
  • 297250.00,314200.00,329800.00,334900.00,337000.00,329900.00,319900.00,315000.00,314900.00,309250.00,307900.00,309000.00
  • 256100.00,265000.00,265000.00,269999.50,268000.00,250000.00,256000.00,259900.00,259900.00,267000.00,259999.00,254900.00
  • 229995.00,239900.00,239265.00,244999.00,250000.00,259000.00,250000.00,249000.00,245000.00,254900.00,251000.00,247250.00

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.
  • 2.17,2.21,2.11,2.11,2.13,2.18,2.18,2.15,2.19,2.28,2.38,2.36

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


Phoenix Inventory:

(12 Month History)
  • 3946,4014,3879,3909,3934,4025,4000,3989,4068,4226,4401,4343
  • 2448,2270,2639,2480,2548,2500,2142,2321,2156,2277,1917,1415
  • 1352,1705,2197,2079,2265,2062,1965,1967,1626,1702,1488,1496

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.
  • 71.8,70.0,65.1,59.1,57.9,57.1,55.0,56.4,61.6,61.3,62.9,63.8

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


Phoenix Volume:

(12 Month History)
  • 1700213865,1812708980,1822346040,1854788586,1865404505,1811735794,1760330544,1731452361,1751985187,1832274400,1908090414,1900507287
  • 816355245,795940948,882207826,820669379,844946644,785515751,677083987,764453075,733359254,783519357,643939796,464037749
  • 384604674,484825516,656276272,616782335,706387740,652215259,604255280,604909066,485231710,542279353,469690485,457908962

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


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 284470.91,284355.14,298714.73,296672.60,311870.97,316302.26,307509.05,307528.76,298420.49,318613.02,315652.21,306088.88
  • 277969.69,278722.58,293001.28,291301.49,305961.22,310412.65,302129.55,300343.53,292732.15,310985.22,308731.53,300063.54

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

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