![Real Estate Market Statistics July 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell - Picture of STAT Cover](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4114-1024x264.jpeg?resize=1024%2C264&ssl=1)
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](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4115-1024x466.jpeg?resize=1024%2C466&ssl=1)
New Listings
![New listings - 6391 units](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4116-1024x461.jpeg?resize=1024%2C461&ssl=1)
Active Listings
![Real Estate Market Statistics July 2023 Phoenix Arizona - Active Listings - 9909 units](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4117-1024x536.jpeg?resize=1024%2C536&ssl=1)
Listings Under Contract
![Listings under contract: 7077 units](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4118-1024x524.jpeg?resize=1024%2C524&ssl=1)
Months of Supply / Absorption Rate
![Months supply of inventory : 1.8 months.
Absorption rate: 55.71%](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4119-1024x517.jpeg?resize=1024%2C517&ssl=1)
New List Prices
![Real Estate Market Statistics July 2023 Phoenix Arizona - New list prices: Average: $617,832. Median: $450,000](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4120-1024x519.jpeg?resize=1024%2C519&ssl=1)
Sales Prices
![Sales prices: Average: $549,519. Median: $432,000](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4121-1024x502.jpeg?resize=1024%2C502&ssl=1)
Days On Market
![Days on market: Average: 59. Median 38](https://i0.wp.com/desertpremierrealty.com/wp-content/uploads/2023/08/IMG_4122-1024x511.jpeg?resize=1024%2C511&ssl=1)
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