Phoenix Real Estate Market

Phoenix Market

The median sale price for homes in Phoenix over the last 12 months is $125,000.


The median mortgage debt is $109,201.

Additional Statistics for Single Family Homes and Condos in Phoenix, AZ
$224,520
Median Listing Price
56
Median Days on Market
5935
Active Listings
11.2%
Distressed Listings
(foreclosures and short sales)
Phoenix, AZ Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Phoenix, AZ Market Inventory Trends

The number of active listings in Phoenix dropped by 1.1% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

The number of sales in January dropped by 64.9% from the previous month.

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Phoenix, AZ Property Ownership

The percent of owner occupied properties in Phoenix is 14.78% below the national average.

The percent of rental properties in Phoenix is 19.24% above the national average which is typical for urban areas.

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Featured Properties

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.