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Phoenix Home Values and Market Report

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Report prepared by Mirandathin-realgeeks.com

Market at a glance

Over the last 12 months, homes sold for 97.1% of list price in 78 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.

Peak: 1,347 sales in Apr. Last month: 970.

Where the market stands

All homes in this report, by status.

19,517homes
Active5,133 · 26%
Under contract1,050 · 5%
Sold (12 mo)13,334 · 68%

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$696K
Under contract$650K
Sold$588K

Average days on market

Active27 days
Under contract80 days
Sold78 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5,133
Average list price $695,574
Avg. days on market 27 days
Avg. price per ft² $320
Avg. living area 1,950 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.

23 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: 224 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.

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

Highest price per ft²

Top 7 homes among the newest.

6836 N 36th Street$2,843
5015 E Osborn Road$836
5250 E Deer Valley Drive Unit 116$738
6622 N 31st Place$670
1333 E Pomelo Grove Lane$662
5250 E Deer Valley Drive Unit 147$656
5208 N 33rd Street$650

All active listings (5,133)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4006 E Walter WayPhoenix, AZ 85050 543,956$1,350,000$3410 days
1525 W Escuda RoadPhoenix, AZ 85027 321,438$374,900$2601 day
1654 W Monte WayPhoenix, AZ 85041 431,948$457,500$2340 days
5215 N 42nd DrivePhoenix, AZ 85019 311,005$190,000$1891 day
3519 W Lamar RoadPhoenix, AZ 85019 521,986$400,000$2011 day
13617 N Canterbury DrivePhoenix, AZ 85023 322,130$795,000$3732 days
217 E Desert Wind DrivePhoenix, AZ 85048 543,499$1,250,000$3571 day
4103 E Moreland StreetPhoenix, AZ 85008 84—$1,175,000—1 day
7214 W Devonshire AvenuePhoenix, AZ 85033 331,344$360,000$2672 days
1942 W Topeka DrivePhoenix, AZ 85027 522,129$950,000$4461 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.