Desert Premier Realty Group

Real Estate Market Statistics July 2023 Phoenix Arizona

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Real Estate Market Statistics July 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell - Picture of STAT Cover

Recapping July 2023 Sales Data For The Phoenix, Arizona Real Estate Market

Monthly Home Sales Data For Phoenix Arizona

Real Estate Market Statistics July 2023 Phoenix Arizona - Home sales - 5520 units

New Listings

New listings - 6391 units

Active Listings

Real Estate Market Statistics July 2023 Phoenix Arizona - Active Listings - 9909 units

Listings Under Contract

Listings under contract: 7077 units

Months of Supply / Absorption Rate

Months supply of inventory : 1.8 months. Absorption rate: 55.71%

New List Prices

Real Estate Market Statistics July 2023 Phoenix Arizona - New list prices: Average: $617,832. Median: $450,000

Sales Prices

Sales prices: Average: $549,519. Median: $432,000

Days On Market

Days on market: Average: 59. Median 38

About Nathan Mitchell

Co-Founder of Desert Premier Realty Group. Real Estate Broker in Phoenix, Arizona. Striving to educate home buyers and sellers to help them make confident and informed home buying/selling decisions.

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