Desert Premier Realty Group

Real Estate Statistics February 2023 Phoenix Arizona

By

STAT cover art

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%

New Inventory

New inventory has a month-overmonth decrease of -2.9% while the year-overyear comparison decreased by -10.0%.

Total Inventory

Total inventory has a month-overmonth decrease of -2.8% while yearover-year reflects an increase of of 111.4%.

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.

Months Supply of Inventory

Months supply of inventory for January was 4.38 with February at 3.25.

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%.

Sales Prices

The average sales price is down -7.1% year-overyear while the yearover-year median sales price is down -8.4%.

Sales Price Forecast

Real Estate Statistics February 2023 - An increase is forecasted in March for both average sale prices and median sale prices.

Distressed Homes / Foreclosures Pending

Foreclosures pending monthover-month showed an increase of +4.4% while the yearover-year figure was up +35.4%.

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.

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.

Get This Report Every Month

Real Estate Statistics December 2022 Phoenix Arizona

By

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

Get This Report Every Month

Real Estate Statistics November 2022 Phoenix Arizona

By

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

By

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

Get This Report Every Month

Real Estate Statistics September 2022 Phoenix Arizona

By

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

Get This Report Every Month

Real Estate Statistics August 2022 Phoenix Arizona

By

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

Get This Report Every Month

Real Estate Statistics July 2022 Phoenix Arizona

By

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

Get This Report Every Month

Real Estate Statistics June 2022 Phoenix Arizona

By

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

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

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics June 2022 Phoenix Arizona - 7720 units sold

New Inventory

Real Estate Statistics June 2022 Phoenix Arizona - new inventory 12165 units

Total Inventory

total inventory 17973 units

Actives vs. UCB/CCBS

Real Estate Statistics June 2022 Phoenix Arizona - 15044 active homes for sale vs 2505 under contract accepting backups
2.33 months supply of inventory

New List Prices

Real Estate Statistics June 2022 Phoenix Arizona - median new list price of $495,000

Sales Prices

Median sales price of $475,000

Sales Price Forecast

median sales price forecast of $450,000

Distressed Homes / Foreclosures Pending

Real Estate Statistics June 2022 Phoenix Arizona - 1057 distressed residential properties

Distressed Sales

distressed sales are .1% of the market

Average Days On Market

Real Estate Statistics June 2022 Phoenix Arizona - average days on the market is 30

Real Estate Statistics May 2022 Phoenix Arizona

By

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

ALL DATA BELOW IS PROVIDED BY ARMLS®, COPYRIGHT 2021

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics May 2022 Phoenix Arizona - 7975 units sold

New Inventory

Real Estate Statistics May 2022 Phoenix Arizona - 11469 new units on the market

Total Inventory

Real Estate Statistics May 2022 Phoenix Arizona - 8547 total available inventory

Homes Under Contract

Real Estate Statistics May 2022 Phoenix Arizona - 9862 homes under contract

Months Supply of Inventory

$549,900 median list price

New List Prices

$475,000 median sales price

Supply vs. Demand

We are slightly above 1 month's worth of inventory. - We are still in a strong seller's market.

Real Estate Statistics April 2022 Phoenix Arizona

By

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

Monthly Home Sales Data for Phoenix, Arizona

Real Estate Statistics April 2022 Phoenix Arizona - Monthly sales: 8444

New Inventory

Real Estate Statistics April 2022 Phoenix Arizona - New Inventory: 10700

Total Inventory

Total Inventory: 6099

Homes Under Contract

Real Estate Statistics April 2022 Phoenix Arizona - Homes Under Contract: 10409

Months Supply of Inventory

Median New List Price: $536,000

New List Prices

Median Sales Price: $470,000

Supply vs. Demand

Real Estate Statistics April 2022 Phoenix Arizona - Supply VS. Demand: We have less than one month's inventory available. We are in a seller's market

The Latest Listings

4,030 Listings
4228 N 11TH Street, Phoenix, AZ 85014

$439,000 3 beds  2 baths  1,239 sqft 4228 N 11TH Street
Phoenix, AZ 85014Listing office: Gold Trust Realty

MLS IDX Listing Disclosure © 2024

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Website Footer
Fair Housing