First American Title Market Report

Phoenix, AZ 85050

Single-Family Homes



Phoenix, AZ 85050

Tue Dec 16 2025
This week the median list price for Phoenix, AZ 85050 is $844,900 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 67. 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

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Phoenix, AZ 85050

Tue Dec 16 2025
This week the median list price for Phoenix, AZ 85050 is $844,900 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 67. 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

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $844,900
Median Price of New Listings $699,000
Per Square Foot $353
Average Days on Market 90
Median Days on Market 56
Price Decreased 45%
Price Increased 0%
Relisted 4%
Inventory 67
Median Rent
Market Action 42
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$1,350,000 3,999 8,000 - 10,000 sqft 5 4 19 1 3 56
$1,035,000 2,709 8,000 - 10,000 sqft 4 3 9 0 3 56
$675,000 1,962 4,500 - 6,500 sqft 4 2.5 28 3 4 49
$505,000 1,520 0 - 4,500 sqft 3 2.3 27 1 10 56