The First American Title Market Report

Phoenix, AZ 85086

Single-Family Homes

Arizona Direct Operations



Phoenix, AZ 85086

Sat Sep 19 2020
This week the median list price for Phoenix, AZ 85086 is $600,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 42. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Phoenix, AZ 85086

Sat Sep 19 2020
This week the median list price for Phoenix, AZ 85086 is $600,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 42. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $600,000
Per Square Foot $222
Days on Market 48
Price Decreased 29%
Price Increased 0%
Relisted 2%
Inventory 42
Median Rent
Most Expensive $2,095,000
Least Expensive $295,000
Market Action 65
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. 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
$922,500 3,886 1 - 2.5 acres 4 4 13 2 1 94
$647,500 2,944 1 - 2.5 acres 4 3 16 0 3 58
$595,000 2,501 1 - 2.5 acres 4 3 14 3 1 11
$414,000 1,865 0 - 4,500 sqft 3 2 16 3 6 33