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 · $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: 970.

Where the market stands

All homes in this report, by status.

12,316homes
Active5,103 · 41%
Under contract563 · 5%
Sold (6 mo)6,650 · 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$695K
Under contract$634K
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 5,103
Average list price $695,030
Avg. days on market 27 days
Avg. price per ft² $320
Avg. living area 1,984 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.

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

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

$3M$2M$1M$0

Price vs. living area: 238 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.

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

Highest price per ft²

Top 7 homes among the newest.

5015 E Arcadia Lane$1,195
4562 E Calle Redonda --$866
4325 E Palo Verde Drive$852
5427 E Wonderview Road$797
2609 E Fairmount Avenue$775
2737 E Arizona Biltmore Circle Unit 33$706
4502 E Palo Verde Drive$607

All active listings (5,103)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1028 E Mountain Sage DrivePhoenix, AZ 85048 533,090$825,000$2660 days
6509 S 4th StreetPhoenix, AZ 85042 321,392$374,000$2681 day
2633 N Evergreen StreetPhoenix, AZ 85006 232,264$1,100,000$4851 day
4708 N 91st LanePhoenix, AZ 85037 321,436$375,000$2611 day
3213 W Topeka DrivePhoenix, AZ 85027 232,249$540,000$2401 day
749 E Montebello Avenue Unit 231Phoenix, AZ 85014 22877$249,000$2831 day
3018 N 37th AvenuePhoenix, AZ 85019 321,164$295,000$2531 day
3714 E Dakota DrivePhoenix, AZ 85044 433,318$1,450,000$4371 day
3609 E Sweetwater AvenuePhoenix, AZ 85032 321,445$450,000$3111 day
3808 E Ironwood DrivePhoenix, AZ 85044 221,074$425,000$3951 day
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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.