Real Estate Statistics April 2021 Phoenix Arizona
Recapping April 2021 Sales Data for the Phoenix, Arizona Real Estate Market
ALL DATA BELOW IS PROVIDED BY ARMLS®, COPYRIGHT 2021
Monthly Home Sales Data for Phoenix, Arizona
![Real Estate Statistics April 2021 Phoenix Arizona - Hunter Clark and Nathan Mitchell - Monthly home sale numbers.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/1-4.jpeg?resize=900%2C479&ssl=1)
Down slightly month over month, sales are up by 2,392 year over year.
New Inventory
![Real Estate Statistics April 2021 Phoenix Arizona - New inventory](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/2-1.jpeg?resize=900%2C509&ssl=1)
Up by 1,170 listings month over month.
Total Inventory
![Total inventory](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/3-3.jpeg?resize=900%2C489&ssl=1)
Total inventory is also up month over month. Roughly 1,000 listing higher than March.
Homes Under Contract
![Homes under contract](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/4-1.jpeg?resize=900%2C480&ssl=1)
Home buying continues its steady pace.
Months Supply of Inventory
![Real Estate Statistics April 2021 Phoenix Arizona - New list prices](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/5-2.jpeg?resize=900%2C477&ssl=1)
The median list price stayed close to the March number of $458,245.
New List Prices
![](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2022/08/6-1024x375.jpg?resize=1024%2C375&ssl=1)
![Real Estate Statistics April 2021 Phoenix Arizona - Sales Prices](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/6-2.jpeg?resize=900%2C513&ssl=1)
The median price for April continued on it’s steady climb, up $15,000 from March.
Supply vs. Demand
![Supply vs. demand](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2021/05/7.jpg?resize=873%2C290&ssl=1)
With such low housing inventory, the months supply of homes was at .5, meaning we have enough homes on the market to meet the needs of homebuyers for half a month. We’ll need to see high levels of new home listings to meet buyer demand.
Your Thoughts?