Amy Gerrish, Realtor & Data Scientist.

Phoenix, AZ 85032

Single-Family Homes

Realty Executives



Phoenix, AZ 85032

Tue Nov 24 2020
This week the median list price for Phoenix, AZ 85032 is $417,450 with the market action index hovering around 88. This is an increase over last month's market action index of 85. Inventory has held steady at or around 48. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Phoenix, AZ 85032

Tue Nov 24 2020
This week the median list price for Phoenix, AZ 85032 is $417,450 with the market action index hovering around 88. This is an increase over last month's market action index of 85. Inventory has held steady at or around 48. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $417,450
Per Square Foot $218
Days on Market 37
Price Decreased 40%
Price Increased 4%
Relisted 4%
Inventory 48
Median Rent $2,195
Most Expensive $1,399,000
Least Expensive $255,000
Market Action 88
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-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
$587,450 2,460 0.25 - 0.5 acre 4 2 29 2 2 65
$448,950 1,962 0.25 - 0.5 acre 3 2 43 3 2 30
$372,450 1,916 6,500 - 8,000 sqft 3 2 49 4 3 29
$341,950 1,419 6,500 - 8,000 sqft 3 2 44 7 14 20