Security Title Weekly Report

Phoenix, AZ 85050

Single-Family Homes

Weekly Report



Phoenix, AZ 85050

Sat Jul 11 2026
This week the median list price for Phoenix, AZ 85050 is $854,999 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has decreased to 82. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Phoenix, AZ 85050

Sat Jul 11 2026
This week the median list price for Phoenix, AZ 85050 is $854,999 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has decreased to 82. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $854,999
Median Price of New Listings $737,500
Per Square Foot $340
Average Days on Market 72
Median Days on Market 49
Price Decreased 56%
Price Increased 0%
Relisted 6%
Inventory 82
Median Rent
Market Action 42
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,250,000 3,539 6,500 - 8,000 sqft 4 3.5 19 2 3 77
$947,000 2,842 6,500 - 8,000 sqft 4 2.5 20 1 2 42
$725,000 2,236 6,500 - 8,000 sqft 4 2.5 29 3 4 28
$520,000 1,532 4,500 - 6,500 sqft 3 2 29 2 1 56