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 · $658K Sold · $636K
$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: 969.

Where the market stands

All homes in this report, by status.

12,370homes
Active5,141 · 42%
Under contract568 · 5%
Sold (6 mo)6,661 · 54%

Buyer's or seller's market?

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

4.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$693K
Under contract$632K
Sold$582K

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 5,141
Average list price $692,607
Avg. days on market 27 days
Avg. price per ft² $319
Avg. living area 1,981 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.

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

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 237 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 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.

4325 E Palo Verde Drive$852
5427 E Wonderview Road$797
2609 E Fairmount Avenue$775
2737 E Arizona Biltmore Circle Unit 33$706
5208 N 33rd Street$650
4502 E Palo Verde Drive$607
5323 E Wonderview Road$589

All active listings (5,141)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2314 E Portland StreetPhoenix, AZ 85006 211,045$185,000$1770 days
3401 W Michigan AvenuePhoenix, AZ 85053 421,292$290,000$2240 days
143 W Libby StreetPhoenix, AZ 85023 321,264$389,900$3080 days
1225 N 36th Street Unit Unit 2121Phoenix, AZ 85008 221,206$315,000$2610 days
1835 W Wier AvenuePhoenix, AZ 85041 331,632$290,000$1770 days
3807 E Poinsettia DrivePhoenix, AZ 85028 321,889$699,999$3700 days
5248 N 42nd LanePhoenix, AZ 85019 311,005$148,000$1470 days
3102 E Clarendon Avenue Unit 105Phoenix, AZ 85016 221,017$250,000$2450 days
12216 S Oneida StreetPhoenix, AZ 85044 422,023$775,000$3830 days
4173 E Cholla Canyon DrivePhoenix, AZ 85044 431,990$589,900$2960 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.