Phoenix Real Estate Market

Phoenix Market

The median sale price for homes in Phoenix over the last 12 months is $114,000.


The median mortgage debt is $110,037.

Additional Statistics for Single Family Homes and Condos in Phoenix, AZ
$214,690
Median Listing Price
27
Median Days on Market
1962
Active Listings
21.0%
Distressed Listings
(foreclosures and short sales)
Phoenix, AZ Price Trends - Sold vs. Listed
The median list price in May for single family homes in Phoenix is $240,000. The list prices increased by 0.04% from the previous month.

The price per square foot for listings in this area is $136.

The median sale price in January for single family homes is $93,149. The sale prices dropped by -0.48% from the previous month.

The price per square foot for sales in this area is $76.

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Phoenix, AZ Market Inventory Trends

The number of active listings in Phoenix dropped by 5% from the previous month.

The median number of days active properties have been listed is 26. This is significantly shorter than the national average.

The number of sales in January dropped by 69.3% from the previous month.

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Phoenix, AZ Property Ownership

The percent of rental properties in Phoenix is 17.64% 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.