The First American Title Market Report

Phoenix, AZ 85086

Single-Family Homes

Arizona Direct Operations



Phoenix, AZ 85086

Thu Jan 23 2020
This week the median list price for Phoenix, AZ 85086 is $530,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 85. 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.

Slight Seller's Advantage

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

Thu Jan 23 2020
This week the median list price for Phoenix, AZ 85086 is $530,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 85. 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.

Slight Seller's Advantage

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 $530,000
Per Square Foot $201
Days on Market 117
Price Decreased 38%
Price Increased 9%
Relisted 6%
Inventory 85
Median Rent
Most Expensive $1,699,000
Least Expensive $259,900
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code hover around their high point. Look for a persistent 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
$790,000 3,501 1 - 2.5 acres 4 3 14 4 1 129
$599,900 3,000 1 - 2.5 acres 4 3 14 2 2 124
$509,900 2,390 1 - 2.5 acres 4 2 14 3 1 144
$360,500 2,082 8,000 - 10,000 sqft 3 2 17 5 6 74