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Phoenix Home Values and Market Report

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Report prepared by www.randymyrealtor.com Realty One Group

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: 968.

Where the market stands

All homes in this report, by status.

19,506homes
Active5,114 · 26%
Under contract1,062 · 5%
Sold (12 mo)13,330 · 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$695K
Under contract$649K
Sold$588K

Average days on market

Active27 days
Under contract79 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 5,114
Average list price $694,618
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.

17 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: 229 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.

365 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
6622 N 31st Place$670
1333 E Pomelo Grove Lane$662
5250 E Deer Valley Drive Unit 147$656

All active listings (5,114)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1600 W 5 Bed Bhrf WayPhoenix, AZ 85041 ——2,000$4,250$20 days
5035 N 39th DrivePhoenix, AZ 85019 431,680$369,000$2190 days
16646 S 18th DrivePhoenix, AZ 85045 322,209$499,000$2250 days
26310 N 7th AvenuePhoenix, AZ 85085 553,928$1,200,000$3050 days
2961 W Foothill Drive Unit 3Phoenix, AZ 85027 ———$175,000—0 days
34835 N 30th AvenuePhoenix, AZ 85086 321,126$349,700$3100 days
4707 N 23rd DrivePhoenix, AZ 85015 21835$215,000$2570 days
4308 E Montecito AvenuePhoenix, AZ 85018 321,764$855,000$4840 days
27702 N Black Cyn Highway Unit -Phoenix, AZ 85083 ———$599,000—0 days
2264 W Laurie LanePhoenix, AZ 85021 231,457$330,000$2260 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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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.