Your Localized Market Report

Phoenix, AZ 85054

Single-Family Homes

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Current active inventory in Phoenix, AZ 85054 is very low. Keep this in mind when looking at this report.

Phoenix, AZ 85054

Fri Jan 21 2022
This week the median list price for Phoenix, AZ 85054 is $875,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has held steady at or around 1. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Phoenix, AZ 85054

Fri Jan 21 2022
This week the median list price for Phoenix, AZ 85054 is $875,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has held steady at or around 1. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $875,000
Median Price of New Listings $875,000
Per Square Foot $308
Average Days on Market 0
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent $3,600
Market Action 60
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$875,000 2,836 0.25 - 0.5 acre 4 2.5 24 1 3 0
$875,000 2,836 0.25 - 0.5 acre 4 2.5 24 1 1 0