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Note: The charts below represent statistics for the entire Phoenix metro area. Select a link above for stats on a specific city.
Home Prices:
(12 Month History)
- 479500.00,490450.00,497000.00,499000.00,496240.00,498780.00,494990.00,483900.00,480000.00,484000.00,490000.00,494999.00
- 450000.00,455000.00,459900.00,449900.00,450000.00,455000.00,459990.00,449995.00,448945.00,468990.00,465000.00,468000.00
- 425000.00,435000.00,443500.00,435000.00,435000.00,430945.00,435000.00,440000.00,430000.00,432000.00,440000.00,445000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
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 reflects more of a buyer’s market and a lower number a seller’s market.
- 2.4,2.29,2.22,2.21,2.2,2.44,2.72,2.97,2.95,2.93,3.1,3.28
Information is deemed to be reliable, but is not guaranteed. © 2024
Home Inventory:
(12 Month History)
- 15659,14442,13894,13673,13606,15039,16606,18075,17839,17695,18758,19823
- 7881,7905,7669,7047,8018,8063,8266,7017,5390,9212,8990,9817
- 6693,8109,7457,5917,6267,5576,5205,4633,4925,4436,5761,6771
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market:
(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.
and the “under contract” date among the homes sold in a given month.
- 73.2,68.4,64.5,58.5,57.6,55.5,55.9,57.4,61.5,68.4,68.7,67.1
Information is deemed to be reliable, but is not guaranteed. © 2024
Volume:
(12 Month History)
- 12456671556,11909617611,11361887153,10886457874,10734123796,11881062297,13234868840,14190332074,13913019133,14199756004,15739818990,16736106838
- 4970480145,5105675169,4745999564,4291561307,4927271892,5376307400,5645898118,4632074981,3441419109,6738550536,6065966133,6664348182
- 3798822563,4700628640,4424791710,3359629659,3553237658,3158242987,3079286955,2712246921,2829542772,2568386725,3400630908,4015689553
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 567581.44,579680.43,593374.24,567792.74,566975.85,566399.39,591601.72,585419.15,574526.45,578987.09,590284.83,593071.86
- 553123.39,566221.78,581542.64,557355.92,554417.33,555593.01,579444.46,571598.87,559767.18,564181.28,577940.90,580703.44
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.
- 98.1,98.3,98.4,98.6,98.4,98.5,98.3,98.1,97.8,97.8,98.1,98.3
Information is deemed to be reliable, but is not guaranteed. © 2024