![STAT cover art](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/Cover.jpg?resize=985%2C343&ssl=1)
Recapping February 2023 Sales Data for the Phoenix, Arizona Real Estate Market
Monthly Home Sales Data for Phoenix, Arizona
![Real Estate Statistics February 2023 - Sales are up
+30.9% month-overmonth. The yearover-year
comparison is down
-26.2%](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/1.jpg?resize=994%2C312&ssl=1)
New Inventory
![New inventory
has a month-overmonth decrease
of -2.9% while
the year-overyear comparison
decreased by
-10.0%.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/2.jpg?resize=975%2C317&ssl=1)
Total Inventory
![Total inventory
has a month-overmonth decrease of
-2.8% while yearover-year reflects
an increase of of
111.4%.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/3.jpg?resize=980%2C319&ssl=1)
Actives vs. UCB/CCBS
![Real Estate Statistics February 2023 - February UCB
listings percent
of total inventory
was 15.5% with
February CCBS
listings at 2.3% of
total inventory.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/4.jpg?resize=972%2C315&ssl=1)
Months Supply of Inventory
![Months supply
of inventory for
January was 4.38
with February at
3.25.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/5.jpg?resize=840%2C256&ssl=1)
New List Prices
![Real Estate Statistics February 2023 - Average new
list prices are up
+9.4% year-overyear. The yearover-year median
list prices went
down -0.2%.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/6.jpg?resize=968%2C314&ssl=1)
Sales Prices
![The average sales
price is down
-7.1% year-overyear while the yearover-year median
sales price is down
-8.4%.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/7.jpg?resize=840%2C278&ssl=1)
Sales Price Forecast
![Real Estate Statistics February 2023 - An increase is
forecasted in
March for both
average sale
prices and median
sale prices.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/8.jpg?resize=978%2C318&ssl=1)
Distressed Homes / Foreclosures Pending
![Foreclosures
pending monthover-month
showed an
increase of +4.4%
while the yearover-year figure
was up +35.4%.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/9.jpg?resize=840%2C279&ssl=1)
Distressed Sales
![Real Estate Statistics February 2023 - Distressed sales
accounted for
0.2% of total
sales, the same
as the previous
month. Short sales
decreased -100.0%
year-over-year.
Lender-owned sales
increased +85.7%
year-over-year.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/10.jpg?resize=978%2C315&ssl=1)
Average Days On Market
![Real Estate Statistics February 2023 - Days on market
were up +46 days
year-over-year
while month-overmonth was also up
+2 days.](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/03/11.jpg?resize=839%2C273&ssl=1)
Your Thoughts?