Desert Premier Realty Group

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.

Real Estate Statistics January 2023 Phoenix Arizona

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Recapping January 2023 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Sales are down -14.4% month-over month. The year over-year comparison is down -37.3%.

New Inventory

Real Estate Statistics January 2023 - New inventory has a month over month increase of +58.9% while the year over year comparison decreased by -7.9%

Total Inventory

Total inventory has a month-over month decrease of -1.6% while year over-year reflects an increase of 114.8%.

Actives vs. UCB/CCBS

Real Estate Statistics January 2023 - January UCB listings percent of total inventory was 13.8% with January CCBS listings at 1.8% of total inventory.

Months Supply of Inventory

Months supply of inventory for December was 3.81 with January at 4.38.

New List Prices

Real Estate Statistics January 2023 - Average new list prices are up +10.3% year-over year. The year over-year median had no change.

Sales Prices

Real Estate Statistics January 2023 - The average sales price is down -4.5% year-over year while the year over-year median sales price is down -5.7%.

Sales Price Forecast

An increase is forecasted in February for both average sale prices and median sale prices.

Distressed Homes / Foreclosures Pending

Real Estate Statistics January 2023 - Foreclosures pending month over-month showed an increase of +8.3% while the year over-year figure was up +56.9%.

Distressed Sales

Real Estate Statistics January 2023 - Distressed sales accounted for 0.2% of total sales, down from the previous month of 0.3%. Short sales decreased -100.0% year-over-year. Lender-owned sales decreased -20.0% year-over-year.

Average Days On Market

Real Estate Statistics January 2023 - Days on market were up +43 days year-over-year while month-over month was also up +9 days.

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Real Estate Statistics December 2022 Phoenix Arizona

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Recapping December, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics December 2022 - Sales are up +4.8% month over month, the year over year comparison is down -43.4%

New Inventory

Real Estate Statistics December 2022 - New inventory has a month over month decrease of -22.3% while year over year comparison decreased by -26.2%

Total Inventory

Real Estate Statistics December 2022 - Total inventory has a month over month decrease of -9.9% while year over year reflects an increase of +119.6%

Actives vs. UCB/CCBS

December UCB listings percent of total inventory was 8.6% with December CCBS listings at 1.3% of total inventory

Months Supply Of Inventory

Real Estate Statistics December 2022 - Months supply of inventory for November was 4.43 with December at 3.81

New List Prices

Real Estate Statistics December 2022 - Average new list prices are up +12.4% year over year. The year over year median had no change.

Sales Prices

The average sales price is down -3.1% year over year while the year over year median sales price is down -3.5%

Sales Price Forecast

Real Estate Statistics December 2022 - an increase is forecasted in January for average sale prices while a decrease is forecasted for median sales prices

Distressed Homes / Foreclosures Pending

Real Estate Statistics December 2022 - Foreclosures pending month over month showed an increase of +4.4% while the year over year figure was up +45.3%

Distressed Sales

Distressed sales accounted for 0.3% of total sales, up from the previous month of 0.2%. Short sales decreased -50.0% year over year. Lender owned sales increased +44.4% year over year

Average Days On Market

Real Estate Statistics December 2022 - Days on market were up +35 days year over year while month over month was also up +10 days

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Real Estate Statistics November 2022 Phoenix Arizona

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Real Estate Statistics November 2022 Phoenix Arizona - STAT Monthly Statistics for the Phoenix Metro Area - Hunter Clark and Nathan Mitchell

Recapping November, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics November 2022 Phoenix Arizona - Monthly sales are down 44.5% year over year at 4756 units.

New Inventory

Real Estate Statistics November 2022 Phoenix Arizona - New Inventory 5903 units.

Total Inventory

Real Estate Statistics November 2022 Phoenix Arizona - 21067 total inventory

Actives vs. UCB/CCBS

Real Estate Statistics November 2022 Phoenix Arizona - 8.6% of sales inventory is under contract, taking backup offers. 1.4% of inventory is CCBS - contingent on the sale of the buyer’s home.

Months Supply of Inventory

Months supply of inventory is 4.43 months.

New List Prices

Average list prices are up 7.9%, median list prices are up 2.1% year over year.

Sales Prices

Real Estate Statistics November 2022 Phoenix Arizona - Average sales prices are up 2.3% year over year. The median sales price is down .9% year over year.

Sales Price Forecast

Real Estate Statistics November 2022 Phoenix Arizona - Average sales price predicted is $544.6 while the median is $420.0

Distressed Homes / Foreclosures Pending

Foreclosures pending are up 2.2% month over month, up 25.8% year over year.

Distressed Sales

Real Estate Statistics November 2022 Phoenix Arizona - Distressed sales accounted for .2% total of sales

Average Days On Market

Real Estate Statistics November 2022 Phoenix Arizona - Average days on market are up 27 days year over year and up 6 days month over month at 61 days.

Real Estate Statistics October 2022 Phoenix Arizona

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Real Estate Statistics October 2022 Phoenix Arizona - Hunter Clark and Nathan Mitchell

Recapping October, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics October 2022 Phoenix Arizona - Sales are down -16.0% month over month

New Inventory

New inventory has a month over month decrease of -12.8%

Total Inventory

Total inventory has a month over month increase of +0.9%

Actives vs. UCB/CCBS

October UCB listings percent of total inventory was 8.0%, with CCBS listings at 1.3% of total inventory
Real Estate Statistics October 2022 Phoenix Arizona - Months supply of inventory for October is 4.30

New List Prices

Real Estate Statistics October 2022 Phoenix Arizona - Average list prices are up +14.4% year over year

Sales Prices

Real Estate Statistics October 2022 Phoenix Arizona - Average sales price is up +4.7% year over year

Sales Price Forecast

A decrease is forecasted for November for average and median sales prices

Distressed Homes / Foreclosures Pending

Real Estate Statistics October 2022 Phoenix Arizona - Foreclosures pending month over month showed a decrease of -1.6%

Distressed Sales

Real Estate Statistics October 2022 Phoenix Arizona - Distressed sales accounted for 0.1% of total sales, down from previous month's 0.2%

Average Days On Market

Days on market were up +24 days year over year, month over month was also up +7 days

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Real Estate Statistics September 2022 Phoenix Arizona

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Real Estate Statistics September 2022 Phoenix Arizona - Hunter Clark and Nathan Mitchell

Recapping September, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics September 2022 Phoenix Arizona - 6328 monthly sales

New Inventory

New inventory is 8690

Total Inventory

Real Estate Statistics September 2022 Phoenix Arizona - Total inventory is 22617

Actives vs. UCB/CCBS

Real Estate Statistics September 2022 Phoenix Arizona - Actives are 89%, 9% UCB, 2% CCBS
3.57 months supply of inventory

New List Prices

Real Estate Statistics September 2022 Phoenix Arizona - the median list price is $459

Sales Prices

Median sales price is $439

Sales Price Forecast

Sales price forecast is $438

Distressed Homes / Foreclosures Pending

Real Estate Statistics September 2022 Phoenix Arizona - Distressed residential properties are at 1014 units

Distressed Sales

Distressed sales are 0.2% of the market

Average Days On Market

Average days on market is 48

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Real Estate Statistics August 2022 Phoenix Arizona

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Real Estate Statistics August 2022 Phoenix Arizona - Hunter Clark and Nathan Mitchell

Recapping August, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics August 2022 Phoenix Arizona - Monthly sales are 6136 units.

New Inventory

Real Estate Statistics August 2022 Phoenix Arizona - 9627 New Inventory

Total Inventory

21,832 Total inventory

Actives vs. UCB/CCBS

Real Estate Statistics August 2022 Phoenix Arizona - 87 % active, 11% UCB, 2% CCBS
Real Estate Statistics August 2022 Phoenix Arizona - Months supply of inventory 3.56
New list prices median $581.4

Sales Prices

Median sales price $549.3

Sales Price Forecast

Real Estate Statistics August 2022 Phoenix Arizona - median sales price forecast $544.5

Distressed Homes / Foreclosures Pending

There are 964 distressed residential properties

Distressed Sales

Real Estate Statistics August 2022 Phoenix Arizona - Distressed sales are 0.1% of the market

Average Days On Market

Average days on the market is 42

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Real Estate Statistics July 2022 Phoenix Arizona

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Real Estate Statistics July 2022 Phoenix Arizona - Hunter Clark and Nathan Mitchell

Recapping July, 2022 Sales Data for the Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics July 2022 Phoenix Arizona - Monthly sales 5962

New Inventory

New Inventory 10588

Total Inventory

Total Inventory 20746

Actives vs. UCB/CCBS

Real Estate Statistics July 2022 Phoenix Arizona - 87% active
Months supply of inventory 3.48

New List Prices

Real Estate Statistics July 2022 Phoenix Arizona - New List Prices median list price $480

Sales Prices

Sales Prices - Median is $453.5

Sales Price Forecast

Median sales price forecast $444.9

Distressed Homes / Foreclosures Pending

Distressed residential properties 983

Distressed Sales

Real Estate Statistics July 2022 Phoenix Arizona - Distressed sales are 0.2% of the market

Average Days On Market

Average days on market is 33

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View Our Featured Homes For Sale In Phoenix Arizona

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Open Map
15 Matches Found
$290,000
1127 S 395th Avenue, q, Tonopah, AZ
Active
4BD 2BA 2,001SF
Last Modified: 6:33pm, March 22, 2023
IDX
$350,000
227 W BOBCAT Court, Casa Grande, AZ
Active
5BD 3BA 2,213SF
Last Modified: 3:52pm, February 28, 2023
IDX
$380,000
6020 W YORKTOWN Way, Florence, AZ
Active
5BD 3BA 2,152SF
Last Modified: 8:35pm, March 16, 2023
IDX
New Listing $425,000
631 W RATTLESNAKE Place, Casa Grande, AZ
Active
5BD 3BA 3,151SF
Last Modified: 4:59pm, March 19, 2023
IDX
Open House $469,999
7170 W PUGET Avenue, Peoria, AZ
Active
3BD 2BA 1,897SF
Last Modified: 9:09pm, March 23, 2023
IDX
$484,800
38560 N Jessica Lane, San Tan Valley, AZ
Active
3BD 2BA 2,152SF
Last Modified: 6:58pm, March 22, 2023
IDX
$565,000
614 N TOMAHAWK Road, Apache Junction, AZ
Active
3BD 2BA 1,457SF
Last Modified: 6:18pm, March 17, 2023
IDX
$599,900
7940 S MILLSITE Drive, Prescott, AZ
Active
3BD 3BA 1,814SF
Last Modified: 3:49pm, February 28, 2023
IDX
$610,000
10554 E LINCOLN Avenue, Mesa, AZ
Active
4BD 3BA 2,444SF
Last Modified: 8:10pm, March 17, 2023
IDX
$645,900
3528 E ASCOT Drive, San Tan Valley, AZ
Active
4BD 2BA 1,838SF
Last Modified: 3:50pm, February 28, 2023
IDX
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Surprise Arizona Homes For Sale

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Open Map
614 Matches Found
New Listing $290,000
16221 W CUSTER Lane, Surprise, AZ
Active
2BD 2BA 976SF
Last Modified: 5:41pm, March 22, 2023
IDX
$299,900
14477 W WINDING Trail, Surprise, AZ
Active
2BD 1.75BA 1,081SF
Last Modified: 9:19am, March 24, 2023
IDX
$314,900
14505 W Winding Trail, Surprise, AZ
Active
2BD 1.75BA 1,231SF
Last Modified: 6:57pm, March 16, 2023
IDX
$322,900
14363 W WINDING Trail, Surprise, AZ
Active
2BD 2BA 1,168SF
Last Modified: 10:18pm, March 17, 2023
IDX
$325,000
15208 W ELKO Drive, Surprise, AZ
Active
2BD 2BA 923SF
Last Modified: 11:21pm, March 13, 2023
IDX
$327,000
20234 N MARIPOSA Way, Surprise, AZ
Active
2BD 2BA 1,143SF
Last Modified: 5:47pm, March 21, 2023
IDX
$329,000
15975 W WILDFLOWER Drive, Surprise, AZ
Active
2BD 1.75BA 1,183SF
Last Modified: 3:50am, March 19, 2023
IDX
$330,000
13028 W DESERT Lane, Surprise, AZ
Active
4BD 2BA 1,125SF
Last Modified: 2:59pm, February 28, 2023
IDX
New Listing $330,000
17741 W WOODROW Lane, Surprise, AZ
Active
3BD 2.5BA 1,499SF
Last Modified: 7:40pm, March 24, 2023
IDX
$333,000
17721 W MANDALAY Lane, Surprise, AZ
Active
3BD 2.5BA 1,344SF
Last Modified: 3:48pm, February 28, 2023
IDX
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The Latest Listings

3,505 Listings
Front

$528,950 3 beds  2.5 baths  2,090 sqft 1209 S PARK GROVE Court
Gilbert, AZ 85296

MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.