Greater Phoenix, AZ Housing Market Report

Wondering how competitive the Greater Phoenix, AZ housing market is? Get the latest info on market conditions, price movement, real estate trends, and more. Browse now.


Last Week in Greater Phoenix

New Listings
2,539
Sold
1,250
Median Sale Price
$480k
Median Sale Price/Sqft
$282/sqft

$ per Sq Ft in Greater Phoenix

$282/sqft

Median price per sqft for homes in Greater Phoenix increased by 7.63% over the past 12 weeks.

last 12 weeks
+7.63%
last 12 months
+21.17%%
last 3 years
+72.29%

Median Sale Price in Greater Phoenix

$479,900

Median sale price for homes in Greater Phoenix increased by 5.47% over the past 12 weeks.

last 12 weeks
+5.47%
last 12 months
+21.17%
last 3 years
+72.29%

Supply vs Demand in Greater Phoenix

New Last Month
11158
Sold Last Month
9584

Number of new homes coming on the market each month in Greater Phoenix decreased by 60.17%, while number of homes sold each month increased by 6.09% 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

15 days

In the past 12 weeks median days on market decreased by 40% from 25 days to 15 days.

last 12 weeks
-40%
last 12 months
-50%
last 3 years
-82.61%

Sale Price Vs List Price in Greater Phoenix

Homes are selling in Greater Phoenix for
0% below list price

In the past 12 weeks homes in Greater Phoenix have sold from 0% to 0% below list price.

last 12 weeks
last 12 months
last 3 years

Browse Homes for Sale by county in Greater Phoenix, AZ


Frequently Asked Questions about Greater Phoenix, AZ

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Indicates a property listed by a real estate brokerage other than the web site owner. Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright © 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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