Phoenix Arizona Real Estate Market Summary

Phoenix Arizona Real Estate Market Summary

Phoenix Arizona Real Estate Market Summary

  • Median Sales Price: $239,000

  • Price Per Sqft: $162

  • Homes For Sale on Trulia: 4,606

  • Median Rent Per Month: $1,450

  • Median Household Income: $43,150

  • Home Owners: 61%

  • Single Residents: 35%

  • Median Age: 33

  • College Educated: 28%

As per Movoto.com, the median list price in Phoenix is $319,900. The median list price in Phoenix went down 1% from October to November. Phoenix’s home resale inventories is 3,943, which increased 5 percent since October 2018. The median list price per square foot in Phoenix is $180. October 2018 was $179. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in November.

Phoenix Real Estate Market Trend 2018

Graph Courtesy – Movoto.com


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Dated: December 30th 2018
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Mesa, AZ
602-353-7375