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Phoenix Home Values and Market Report

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Report prepared by Sonorangoat.com Sotheby's

Market at a glance

Over the last 12 months, homes sold for 97.1% of list price in 78 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $656K Sold · $634K
$660K$620K$580K$540K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,347 sales in Apr. Last month: 972.

Where the market stands

All homes in this report, by status.

19,552homes
Active5,181 · 26%
Under contract1,043 · 5%
Sold (12 mo)13,328 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$694K
Under contract$651K
Sold$588K

Average days on market

Active27 days
Under contract79 days
Sold78 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5,181
Average list price $694,186
Avg. days on market 27 days
Avg. price per ft² $320
Avg. living area 1,946 ft²
Avg. beds / baths 3.4 / 3.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

24 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 223 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

375 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

6836 N 36th Street$2,843
5015 E Osborn Road$836
3411 E Oregon Avenue$753
221 E Pasadena Avenue$688
3114 E Claremont Avenue$675
6622 N 31st Place$670
1333 E Pomelo Grove Lane$662

All active listings (5,181)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6415 W Straight Arrow LanePhoenix, AZ 85083 322,222$539,900$2420 days
6546 W Nez Perce StreetPhoenix, AZ 85043 321,058$339,500$3200 days
1535 W Rovey AvenuePhoenix, AZ 85015 321,643$585,000$3560 days
1441 E Maryland Avenue Unit 8Phoenix, AZ 85014 21750$260,000$3460 days
3307 N 50th PlacePhoenix, AZ 85018 321,789$850,000$4750 days
3114 E Claremont AvenuePhoenix, AZ 85016 432,509$1,695,000$6750 days
14010 N 37th PlacePhoenix, AZ 85032 321,584$374,900$2360 days
2214 S 65th DrivePhoenix, AZ 85043 321,460$347,000$2370 days
22255 N 55th StreetPhoenix, AZ 85054 332,670$979,000$3660 days
17850 N 68th Street Unit 1181Phoenix, AZ 85054 221,372$495,000$3600 days
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Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.