Market report, updated

Market Report

Search in the city of Phoenix

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Report prepared by 5starpropertybrokers.com
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Market at a glance

Over the last 6 months, homes sold for 97.3% of list price in 76 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $657K Sold · $635K
$660K$620K$580K$540K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 1,347 sales in Apr. Last month: 971.

Where the market stands

All homes in this report, by status.

12,303homes
Active5,050 · 41%
Under contract563 · 5%
Sold (6 mo)6,690 · 54%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$691K
Under contract$627K
Sold$584K

Average days on market

Active27 days
Under contract80 days
Sold76 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5,050
Average list price $690,960
Avg. days on market 27 days
Avg. price per ft² $319
Avg. living area 1,939 ft²
Avg. beds / baths 3.4 / 3.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 242 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

364 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

4562 E Calle Redonda --$866
2609 E Fairmount Avenue$775
2737 E Arizona Biltmore Circle Unit 33$706
10630 N 44th Street$633
4037 S 12th Street Unit 106,206$609
4546 E Campbell Avenue$606
8 Biltmore Estate Unit 225$598

All active listings (5,050)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3002 E Mckinley StreetPhoenix, AZ 85008 66—$1,199,950—0 days
3844 W Wethersfield RoadPhoenix, AZ 85029 321,021$325,000$3180 days
14425 S 40th StreetPhoenix, AZ 85044 321,710$600,000$3500 days
15650 N 19th Avenue Unit 1156Phoenix, AZ 85023 231,340$310,000$2310 days
2604 W Berridge Lane Unit C-104Phoenix, AZ 85017 11690$80,000$1150 days
4530 E Windsong DrivePhoenix, AZ 85048 321,274$369,000$2890 days
18026 N Cave Creek Road Unit 67Phoenix, AZ 85032 221,248$58,900$470 days
1523 E Sunnyslope LanePhoenix, AZ 85020 311,027$415,000$4040 days
925 W Peoria Avenue Unit 7Phoenix, AZ 85029 22875$190,000$2170 days
3935 E Rough Rider Road Unit 1144Phoenix, AZ 85050 221,696$495,000$2910 days
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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.