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Phoenix Home Values and Market Report

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Report prepared by Olympiamovesfamilies.com Keller Williams Realty Phoenix

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.

19,516homes
Active5,188 · 27%
Under contract1,015 · 5%
Sold (12 mo)13,313 · 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$655K
Sold$588K

Average days on market

Active27 days
Under contract78 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 5,188
Average list price $693,961
Avg. days on market 27 days
Avg. price per ft² $319
Avg. living area 1,947 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.

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

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

$3M$2M$1M$0

Price vs. living area: 220 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.

380 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
1333 E Pomelo Grove Lane$662
5250 E Deer Valley Drive Unit 146$659

All active listings (5,188)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1306 E Pedro RoadPhoenix, AZ 85042 433,727$599,000$1600 days
4110 E Paso TrailPhoenix, AZ 85050 422,102$875,000$4160 days
3702 W Mccauley CourtPhoenix, AZ 85086 231,529$395,000$2580 days
33210 N 7th Street Unit -Phoenix, AZ 85085 ———$799,900—5 days
33204 N 7th Street Unit -Phoenix, AZ 85085 ———$349,900—4 days
33203 N 7th Street Unit -Phoenix, AZ 85085 ———$299,900—5 days
33202 N 7th Street Unit -Phoenix, AZ 85085 ———$199,900—5 days
3543 E Emile Zola AvenuePhoenix, AZ 85032 431,806$479,999$2650 days
16206 S 18th AvenuePhoenix, AZ 85045 321,620$525,000$3241 day
15665 S 5th StreetPhoenix, AZ 85048 433,111$735,000$2362 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Olympiamovesfamilies.com Keller Williams Realty Phoenix

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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.