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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 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 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 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 June 2022 Phoenix Arizona

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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 April 2022 Phoenix Arizona

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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

Real Estate Statistics January 2022 Phoenix Arizona

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Recapping January 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 January 2022 Phoenix Arizona - 6351 units sold in January

New Inventory

Real Estate Statistics January 2022 Phoenix Arizona - 8396 new inventory units

Total Inventory

Real Estate Statistics January 2022 Phoenix Arizona - 4392 total listings

Homes Under Contract

Real Estate Statistics January 2022 Phoenix Arizona - 10924 listings under contract

Months Supply of Inventory

$499,900 median list price

New List Prices

$435,000 median sale price

Supply vs. Demand

Real Estate Statistics January 2022 Phoenix Arizona - .75 month's worth of inventory available

Real Estate Statistics October 2021 Phoenix Arizona

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Recapping October 2021 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 October 2021 Phoenix Arizona - Number of Listings Sold - Hunter Clark and Nathan Mitchell

New Inventory

Real Estate Statistics October 2021 Phoenix Arizona - New Inventory

Total Inventory

Homes Under Contract

Months Supply of Inventory

Real Estate Statistics October 2021 Phoenix Arizona - New list prices

New List Prices

Supply vs. Demand

Real Estate Statistics October 2021 Phoenix Arizona - Supply vs. Demand

Real Estate Statistics August 2021 Phoenix Arizona

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Recapping August 2021 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 August 2021 Phoenix Arizona - the number of listings sold for August was 8299.

New Inventory

Real Estate Statistics August 2021 Phoenix Arizona - New listings totaled 10409.

Total Inventory

Total inventory equalled 6199 for August.

Homes Under Contract

There were 11565 homes under contract in August.

Months Supply of Inventory

Real Estate Statistics August 2021 Phoenix Arizona - the median list price was $490,000 in August.

New List Prices

The median sale price was $405,000 in August.

Supply vs. Demand

The months of supply for home inventory is roughly .75%.

The Latest Listings

3,922 Listings
914 W MORELOS Street, Chandler, AZ 85225

$504,000 3 beds  2 baths  1,673 sqft 914 W MORELOS Street
Chandler, AZ 85225Listing office: Realty ONE Group

MLS IDX Listing Disclosure © 2025

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.

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