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Phoenix Home Values and Market Report

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Report prepared by Anna-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.

19,499homes
Active5,124 · 26%
Under contract1,043 · 5%
Sold (12 mo)13,332 · 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$694K
Under contract$647K
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 5,124
Average list price $693,823
Avg. days on market 27 days
Avg. price per ft² $319
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.

20 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: 226 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.

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

Highest price per ft²

Top 7 homes among the newest.

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
6526 N 25th Way$648
4502 E Palo Verde Drive$607

All active listings (5,124)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
16225 N Cave Creek Road Unit 31Phoenix, AZ 85032 22840$62,800$740 days
1857 E Cheery Lynn RoadPhoenix, AZ 85016 421,927$574,900$2980 days
16225 N Cave Creek Road Unit 63Phoenix, AZ 85032 321,536$23,000$140 days
1750 E Duane LanePhoenix, AZ 85085 342,380$849,990$3570 days
1251 E Maryland Avenue Unit APhoenix, AZ 85014 221,152$285,000$2470 days
2509 E Broadway Road Unit 4Phoenix, AZ 85040 331,670$375,000$2240 days
8000 W 5 Bed Bhrf AvenuePhoenix, AZ 85037 ——1,600$4,250$20 days
2827 E Paradise DrivePhoenix, AZ 85028 321,966$625,000$3170 days
1241 E Hatcher RoadPhoenix, AZ 85020 84—$795,000—0 days
1236 W Spur DrivePhoenix, AZ 85085 432,697$799,000$2960 days
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Questions about this market?

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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.