Desert Premier Realty Group

Real Estate Market Statistics December 2023 Phoenix Arizona

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Real Estate Market Statistics December 2023 Phoenix Arizona - Hunter Clark / Nathan Mitchell - STAT cover image

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

Monthly Home Sales Data For Phoenix Arizona

4612 sold listings

New Listings

Real Estate Market Statistics December 2023 Phoenix Arizona - 4800 new listings

Active Listings

Real Estate Market Statistics December 2023 Phoenix Arizona - 13436 active listings

Listings Under Contract

4813 listings under contract

Months of Supply / Absorption Rate

Real Estate Market Statistics December 2023 Phoenix Arizona - 2.91 months supply of homes, 34.33% absorption rate

New List Prices

Real Estate Market Statistics December 2023 Phoenix Arizona - $646516 average list price, $449900 median list price

Sales Prices

$557131 average sales price, $429,900 median sales price

Days On Market

61 average days on market, 45 median days on market

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Real Estate Market Statistics November 2023 Phoenix Arizona

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Real Estate Market Statistics November 2023 Phoenix Arizona - STAT cover image - Hunter Clark and Nathan Mitchell

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

Monthly Home Sales Data For Phoenix Arizona

Real Estate Market Statistics November 2023 Phoenix Arizona - 4291 sales

New Listings

6779 new listings

Active Listings

14515 active listings (not under contract)

Listings Under Contract

Real Estate Market Statistics November 2023 Phoenix Arizona - 5508 homes under contract

Months of Supply / Absorption Rate

Real Estate Market Statistics November 2023 Phoenix Arizona - 3.38 months supply of homes, 29.56% absorption rate

New List Prices

$683,488 average list price, $459,990 median list price

Sales Prices

$561,512 average sales price, $438,480 median sales price

Days On Market

Real Estate Market Statistics November 2023 Phoenix Arizona - 57 average days on market, 39 median days on market

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Real Estate Market Statistics October 2023 Phoenix Arizona

By

STAT cover image - Hunter Clark and Nathan Mitchell

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

Monthly Home Sales Data For Phoenix Arizona

Real Estate Market Statistics October 2023 Phoenix Arizona - 4733 units sold

New Listings

7719 new listings

Active Listings

Real Estate Market Statistics October 2023 Phoenix Arizona - 13753 active listings (not under contract)

Listings Under Contract

5670 homes under contract

Months of Supply / Absorption Rate

Real Estate Market Statistics October 2023 Phoenix Arizona - 2.91 months supply of homes, 34.41% absorption rate

New List Prices

$690,928 average list price, $465,000 median list price

Sales Prices

Real Estate Market Statistics October 2023 Phoenix Arizona - $569,213 average sale price, $435,000 median list price

Days On Market

55 average days on market, 37 median days on market

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Real Estate Market Statistics September 2023 Phoenix Arizona

By

Real Estate Market Statistics September 2023 Phoenix Arizona - STAT Cover Image - Hunter Clark and Nathan Mitchell

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

Monthly Home Sales Data For Phoenix Arizona

Monthly home sales - 5127

New Listings

Real Estate Market Statistics September 2023 Phoenix Arizona - new listings: 7374

Active Listings

Real Estate Market Statistics September 2023 Phoenix Arizona - Active listings: 12003

Listings Under Contract

Listings under contract: 6067

Months of Supply / Absorption Rate

Real Estate Market Statistics September 2023 Phoenix Arizona - Absorption rate: 42.71%; Months of supply: 2.34

New List Prices

Average list price $669,356 Median list price: $468,795

Sales Prices

Average sales price: $543,703 Median sales price: $430,000

Days On Market

Real Estate Market Statistics September 2023 Phoenix Arizona - Average days on market: 56 Median days on market: 36

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Real Estate Market Statistics August 2023 Phoenix Arizona

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Real Estate Market Statistics August 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell - STAT Cover Pic

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

Monthly Home Sales Data For Phoenix Arizona

Real Estate Market Statistics August 2023 Phoenix Arizona - 5731 sold units

New Listings

7299 new listings

Active Listings

Real Estate Market Statistics August 2023 Phoenix Arizona - 10,509 active listings

Listings Under Contract

6676 listings under contract

Months of Supply / Absorption Rate

Real Estate Market Statistics August 2023 Phoenix Arizona - 1.83 months supply of inventory

New List Prices

Real Estate Market Statistics August 2023 Phoenix Arizona - $611,886 average list price, $459,903 median list price

Sales Prices

Real Estate Market Statistics August 2023 Phoenix Arizona - $547,225 average sales price, $435,000 median sales price

Days On Market

58 days on market - average

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Real Estate Market Statistics June 2023 Phoenix Arizona

By

Real Estate Market Statistics June 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell

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

Monthly Home Sales Data for Phoenix, Arizona

Monthly sale at 7257 Sales are down -8.1% month-over- month. The year- over-year comparison is down -6.0%.

New Inventory

Real Estate Market Statistics June 2023 Phoenix Arizona - New Inventory 7083 New inventory has a month-over- month decrease of -3.1% while the year-over- year comparison decreased by -41.8%.

Total Inventory

Total inventory at 14,421 has a month-over- month decrease of -4.4% while year- over-year reflects a decrease of -19.8%.

Actives vs. UCB/CCBS

Real Estate Market Statistics June 2023 Phoenix Arizona - June UCB listings percent of total inventory was 17.9% with June CCBS listings at 2.8% of total inventory.

Months Supply Of Inventory

Months supply of inventory for May was 1.91 with June at 1.99.

New List Prices

Real Estate Market Statistics June 2023 Phoenix Arizona - Average new list prices are down -1.7% year-over- year. The year- over-year median list prices went down -6.1%.
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Sales Prices

The average sales price is down -2.2% year-over- year while the year- over-year median sales price is down -6.7%.

Sales Price Forecast

Real Estate Market Statistics June 2023 Phoenix Arizona - An decrease is forecasted in July for both average sale prices and median sale prices.

Distressed Homes / Foreclosures Pending

Distressed Residential Properties at 1041 Foreclosures pending month- over-month showed a decrease of -11.1% while the year- over-year figure was down -1.5%.

Distressed Sales

Distressed sales accounted for 0.3% of total sales, up from the previous month of 0.2%. Short sales had an increase of +200% year-over-year. Lender-owned sales had a +60.0% increase year-over-Year

Average Days On Market

Days on market were up +36 days year-over-year while month-over- month went down -4 days.

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Real Estate Market Statistics May 2023 Phoenix Arizona

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Real Estate Market Statistics May 2023 Phoenix Arizona - STAT Cover image - Hunter Clark and Nathan Mitchell

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

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Market Statistics May 2023 Phoenix Arizona - Sales are up +20.9% month-over- month. The year- over-year comparison is down -4.6%

New Inventory

New inventory has a month-over- month increase of +2.4% while the year-over- year comparison decreased by -35.3%

Total Inventory

Real Estate Market Statistics May 2023 Phoenix Arizona - Total inventory has a month-over- month decrease of -5.4% while year- over-year reflects an increase of +8.8%.

Actives vs. UCB/CCBS

May UCB listings percent of total inventory was 19.1% with May CCBS listings at 3.1% of total invento

Months Supply of Inventory

Real Estate Market Statistics May 2023 Phoenix Arizona - Months supply of inventory for April was 2.44 with May at 1.9

New List Prices

Average new list prices are up +0.1% year-over- year. The year- over-year median list prices went down -8.0%.
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Sales Prices

The average sales price is down -4.7% year-over- year while the year- over-year median sales price is down -8.4

Sales Price Forecast

An increase is forecasted in June for both average sale prices and median sale price

Distressed Homes / Foreclosures Pending

Real Estate Market Statistics May 2023 Phoenix Arizona - Foreclosures pending month- over-month showed a decrease of -7.1% while the year- over-year figure was up +12.2%

Distressed Sales

Distressed sales accounted for 0.2% of total sales, down from the previous month of 0.3%. Short sales had an increase of +500% year-over-year. Lender-owned sales had a -29.4% decrease year-over- year.

Average Days On Market

Real Estate Market Statistics May 2023 Phoenix Arizona - Days on market were up +42 days year-over-year while month-over- month went down -4 days.

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Real Estate Market Statistics April 2023 Phoenix Arizona

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Real Estate Market Statistics April 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell - Cover image with STAT & ARMLS logo

Recapping April 2023 Sales Data for Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Market Statistics April 2023 Phoenix Arizona - Sales are down -11.9% month-over- month. The year- over-year comparison is down -25.1%.

New Inventory

Real Estate Market Statistics April 2023 Phoenix Arizona - New inventory has a month-over- month decrease of -8.2% while the year-over- year comparison decreased by -28.3%.

Total Inventory

Total inventory has a month-over- month decrease of -5.7% while year- over-year reflects an increase of +58.2%.

Actives vs. UCB/CCBS

Real Estate Market Statistics April 2023 Phoenix Arizona - April UCB listings percent of total inventory was 20.2% with April CCBS listings at 3.1% of total inventory.

Months Supply of Inventory

Months supply of inventory for March was 2.28 with April at 2.

New List Prices

Real Estate Market Statistics April 2023 Phoenix Arizona - Average new list prices are down -3.6% year-over- year. The year- over-year median list prices went down -8.3%.

Sales Prices

The average sales price is down -7.0% year-over- year while the year- over-year median sales price is down -9.6%.

Sales Price Forecast

Real Estate Market Statistics April 2023 Phoenix Arizona - An increase is forecasted in May for both average sale prices and median sale prices.

Distressed Homes / Foreclosures Pending

Foreclosures pending month- over-month showed a decrease of -1.6% while the year- over-year figure was up +15.8%.

Distressed Sales

Distressed sales accounted for 0.3% of total sales, up from the previous month of 0.2%. Short sales had no change year-over- year. Lender-owned sales had a +275% increase year-over- year.

Average Days On Market

Real Estate Market Statistics April 2023 Phoenix Arizona - Days on market were up +45 days year-over-year while month-over- month went down -3 days.

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Real Estate Statistics March 2023 Phoenix Arizona

By

Real Estate Statistics March 2023 Phoenix Arizona - Hunter Clark and Nathan Mitchell - March STAT cover graphic.

Recapping March 2023 Sales Data for Phoenix, Arizona Real Estate Market

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics March 2023 Phoenix Arizona - Sales are up 32.8% month over month at 7417 units, down 22.1% year over year.

New Inventory

Real Estate Statistics March 2023 Phoenix Arizona - New inventory 7771 units, a month over month increase of 9.9%, a decrease of 19.1% year over year.

Total Inventory

Total inventory is 16922 - a month over month decrease of 6.9%, a year over year increase of 99.3%

Actives vs. UCB/CCBS

March UCB total inventory was 17.4%, CCBS at 2.7% of total inventory.

Months Supply of Inventory

Real Estate Statistics March 2023 Phoenix Arizona - - Months supply of inventory was 2.28

New List Prices

Average new list prices are up 2.5% year over year. Median year over year down 4.3%.

Sales Prices

Average sales price is down 5.6% year over year, median sales price down 8.7% year over year.

Sales Price Forecast

An increase is predicted for April for both average and median sales prices.

Distressed Homes / Foreclosures Pending

Foreclosures pending month over month increased 6.4%, year over year up 19.5%.

Distressed Sales

Distressed sales accounted for .2% of total sales.

Average Days On Market

Real Estate Statistics March 2023 Phoenix Arizona - Average days on market were 77, up 45 days year over year, down 5 days month over month.

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12825 W BETHANY HOME Road, Litchfield Park, AZ 85340

$1,075,000 4 beds  2.5 baths  2,960 sqft 12825 W BETHANY HOME Road
Litchfield Park, AZ 85340Listing office: West USA Realty

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