Greater Phoenix Housing Market Analysis, Real Estate Trends.

Wondering how competitive the Greater Phoenix real estate market is? Learn about how quickly homes sell in Greater Phoenix, do they sell above or below list price, median price of homes in Greater Phoenix, price growth of homes over time and more...


Last Week in Greater Phoenix

New Listings
2,614
Sold
2,368
Median Sale Price
$424k
Median Sale Price/Sqft
$235/sqft

$ per Sq Ft in Greater Phoenix

$235/sqft

Median price per sqft for homes in Greater Phoenix increased by 6.01% over the past 12 weeks.

last 12 weeks
+6.01%
last 12 months
+28.32%
last 3 years
+54.34%

Median Sale Price in Greater Phoenix

$424,495

Median sale price for homes in Greater Phoenix increased by 4.81% over the past 12 weeks.

last 12 weeks
+4.81%
last 12 months
+23.08%
last 3 years
+49.25%

Supply vs Demand in Greater Phoenix

New Last Month
17687
Sold Last Month
9846

Number of new homes coming on the market each month in Greater Phoenix decreased by 73.72%, while number of homes sold each month increased by 6.26% over the past 12 months.

Top Price Drops In Greater Phoenix

There are currently no homes with price drops in Greater Phoenix.

Median Days on Market in Greater Phoenix

19 days

In the past 12 weeks median days on market decreased by 5% from 20 days to 19 days.

last 12 weeks
-5%
last 12 months
-45.71%
last 3 years
-62.75%

Sale Price Vs List Price in Greater Phoenix

Homes are selling in Greater Phoenix for
1.0% over list price

In the past 12 weeks homes in Greater Phoenix have sold from 1.0% to 1.0% over list price.

last 12 weeks
last 12 months
last 3 years

Browse Housing Market Analysis by county in Greater Phoenix, AZ


Frequently Asked Questions about Greater Phoenix, AZ



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Recently Updated Listings
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