BUDWIG TEAM REPORTS
Phoenix, AZ 85004
Condos/Townhomes
Your Arizona Real Estate Team
Phoenix, AZ 85004
Wed Mar 11 2026
This week the median list price for Phoenix, AZ 85004 is $519,495 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has increased to 44.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Real-Time Market Profile
| Median List Price | $519,495 | |
| Median Price of New Listings | $557,000 | |
| Per Square Foot | $349 | |
| Average Days on Market | 144 | |
| Median Days on Market | 91 | |
| Price Decreased | 57% | |
| Price Increased | 0% | |
| Relisted | 2% | |
| Inventory | 44 | |
| Median Rent | ||
| Market Action | 26 | |
| Slight Buyer's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $795,000 | 1,881 | 0 - 4,500 sqft | 2 | 2.5 | 2 | 0 | 0 | 56 |
| $550,000 | 1,463 | 0 - 4,500 sqft | 2 | 2.5 | 19 | 1 | 0 | 140 |
| $399,900 | 1,250 | 1 - 2.5 acres | 1 | 1.5 | 22 | 0 | 0 | 112 |
| $335,761 | 975 | 0 - 4,500 sqft | 1 | 1 | 19 | 0 | 0 | 77 |