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Phoenix Home Values and Market Report

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Report prepared by Theemirlopezteam.com Lake Pleasant Real Estate

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 · $658K Sold · $636K
$660K$620K$580K$540K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,347 sales in Apr. Last month: 969.

Where the market stands

All homes in this report, by status.

19,467homes
Active5,145 · 26%
Under contract1,023 · 5%
Sold (12 mo)13,299 · 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 5,145
Average list price $694,161
Avg. days on market 27 days
Avg. price per ft² $319
Avg. living area 1,949 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.

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

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

$3M$2M$1M$0

Price vs. living area: 236 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes among the newest.

4325 E Palo Verde Drive$852
4461 E Flower Street$800
5427 E Wonderview Road$797
5250 E Deer Valley Drive Unit 116$738
2737 E Arizona Biltmore Circle Unit 33$706
6622 N 31st Place$670
5208 N 33rd Street$650

All active listings (5,145)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2106-2110 W Camelback RoadPhoenix, AZ 85015 ——6,460$950,000$1470 days
3911 N 84th LanePhoenix, AZ 85037 321,660$299,999$1800 days
1236 E Mission LanePhoenix, AZ 85020 321,447$475,000$3281 day
6535 W Brookhart WayPhoenix, AZ 85083 644,034$815,000$2021 day
25841 N 66th DrivePhoenix, AZ 85083 521,884$465,000$2461 day
3131 W Mark LanePhoenix, AZ 85083 421,524$435,000$2851 day
6622 N 31st PlacePhoenix, AZ 85016 454,436$2,975,000$6701 day
18240 N 21st Street Unit 85Phoenix, AZ 85022 321,064$74,900$701 day
310 W Earll Drive Unit 207Phoenix, AZ 85013 21650$190,000$2921 day
1303 E Orangewood AvenuePhoenix, AZ 85020 443,115$995,000$3191 day
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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.

Theemirlopezteam.com Lake Pleasant Real Estate

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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.