Market report, updated

Market Report

Search in the city of Phoenix

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Report prepared by Fairpricerealty.net Fair Price Realty
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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 · $635K
$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: 968.

Where the market stands

All homes in this report, by status.

12,702homes
Active5,116 · 40%
Under contract1,053 · 8%
Sold (6 mo)6,533 · 51%

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$650K
Sold$583K

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 5,116
Average list price $694,246
Avg. days on market 27 days
Avg. price per ft² $319
Avg. living area 1,948 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.

13 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: 233 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.

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

Highest price per ft²

Top 7 homes among the newest.

4325 E Palo Verde Drive$852
4461 E Flower Street$800
5427 E Wonderview Road$797
5250 E Deer Valley Drive Unit 116$738
2737 E Arizona Biltmore Circle Unit 33$706
6622 N 31st Place$670
1333 E Pomelo Grove Lane$662

All active listings (5,116)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2406 W Fawn DrivePhoenix, AZ 85041 321,957$483,379$2471 day
1550 N 20 Bed Assisted Living Ral PlacePhoenix, AZ 85022 ——7,000$2,245,000$3201 day
18801 N 13th DrivePhoenix, AZ 85027 321,431$315,000$2201 day
1333 E Pomelo Grove LanePhoenix, AZ 85014 442,377$1,575,000$6621 day
4151 E Hancock DrivePhoenix, AZ 85028 332,144$695,500$3241 day
1319 E Cocopah StreetPhoenix, AZ 85034 4——$595,400—1 day
1857 E Cheery Lynn RoadPhoenix, AZ 85016 42—$574,900—1 day
5250 E Deer Valley Drive Unit 258Phoenix, AZ 85054 331,839$999,000$5431 day
E Frye Road Unit cPhoenix, AZ 85048 ———$300,000—1 day
4626 N Gracie LanePhoenix, AZ 85037 431,912$469,890$2451 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.