The First American Title Market Report

Phoenix, AZ 85086

Single-Family Homes

Arizona Direct Operations



Phoenix, AZ 85086

Mon Apr 06 2020
This week the median list price for Phoenix, AZ 85086 is $587,450 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 80. Click here to stay informed with the Phoenix market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Phoenix, AZ 85086

Mon Apr 06 2020
This week the median list price for Phoenix, AZ 85086 is $587,450 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 80. Click here to stay informed with the Phoenix market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $587,450
Per Square Foot $204
Days on Market 97
Price Decreased 30%
Price Increased 11%
Relisted 6%
Inventory 80
Median Rent
Most Expensive $1,800,000
Least Expensive $339,900
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$799,950 3,479 1 - 2.5 acres 4 3 15 1 0 122
$671,950 3,129 1 - 2.5 acres 4 3 14 3 3 82
$544,495 2,678 1 - 2.5 acres 4 2 13 2 1 142
$428,950 2,396 0 - 4,500 sqft 4 2 16 5 6 39