First Integrity Title Market Report

Phoenix, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Phoenix, AZ

Sat Jul 05 2025
This week the median list price for Phoenix, AZ is $324,950 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 1,028. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Phoenix, AZ

Sat Jul 05 2025
This week the median list price for Phoenix, AZ is $324,950 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 1,028. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $324,950
Median Price of New Listings $330,000
Per Square Foot $279
Average Days on Market 120
Median Days on Market 91
Price Decreased 53%
Price Increased 3%
Relisted 6%
Inventory 1,028
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$589,900 1,727 0 - 4,500 sqft 2 2.5 18 16 20 84
$375,000 1,344 0 - 4,500 sqft 2 2 28 10 17 84
$285,000 1,041 0 - 4,500 sqft 2 2 41 15 29 70
$199,900 916 0 - 4,500 sqft 2 1 44 10 28 112