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
Down slightly month over month, sales are up by 2,392 year over year.
Up by 1,170 listings month over month.
Total inventory is also up month over month. Roughly 1,000 listing higher than March.
Homes Under Contract
Home buying continues its steady pace.
New List Prices
The median list price stayed close to the March number of $458,245.
The median price for April continued on it’s steady climb, up $15,000 from March.
Supply vs. Demand
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.