Our Phoenix Real Estate Market Report – May 2019 will give you a better insight into what is happening in the Greater Phoenix housing market. We provide commentary, charts, and graphs that make it plain to see where the market was in the past, is right now, and where it is likely to be heading for.

👀 See What Homes in Your Neighborhood are Fetching These Days


Phoenix Real Estate Charts & Graphs Below

🗓 Months of Supply

Phoenix Arizona Months Supply May 2019

⏳ Days on Market

Days on Market tells us how enthusiastic buyers are. We have not seen this much positive urgency since August of 2005. Sellers are in a great place.

DOM-Phoenix May 2019

📊 Volume of Annual Sales

Almost all of our sales from the last 12 months are “normal” sales. The blue bars in the graph represent the normal transactions. All of the other colors are for distressed properties which tally up to below 2% of all sales for the year.

Annual Sales Rate Phx May 2019

Monthly Annual Sales Price Per Square Foot

Monthly Average Price Per Square Foot - Phoenix May 2019

🏠 Existing Home Sales for May 2019

Monthly Home Sales Phoenix AZ - May 2019

💲 Average List to Close Price

Average List to Sales Price per Square foot Phoenix May 2019

📈 Real Estate Statistics: National Stats

Real Estate Statistics - National Stats _ US Map

 

 

 

 

 

 

 

 

 

 

 

 

 

Highlights

  • 83 % of responding agents reported that real estate prices remained consistent or rose in March 2019 versus levels a year ago (89 percent in March 2018).
  • Thirty-three percent of all home sales were made by first-time homebuyers compared to 30 percent one year ago.
  • Cash sales accounted for 21 percent of all homes sales
  • In order to get homes closed 21 percent of all Sellers in the last 12 months contributed towards closing costs and/or repairs.

🤑 Maricopa County Median Price Range (past 5 years)

Median Sales Price Phoenix AZ May 2019

💰 Average Sales Price for Condos

Monthly Average Sales Price for Condos - Phoenix AZ May 2019

📆 Months of Condo Inventory Supply in Greater Phoenix

Condos Months of Supply Phoenix May 2019

 

 

 

 

⌚️ Average Time on Market for Condos in Greater Phoenix (over the last 5 years)

Condos _DOM - Phx May 2019

 

Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.

See Additional Reports on the Phoenix Real Estate Market

Here’s the most recent home listings just added to the database in the average price range for Phoenix.

All homes here are priced at $300,000 or less.

Available Homes in Greater Phoenix Under 300K


View All Market Report Posts
Share