Your Localized Market Report

Phoenix, AZ 85054

Single-Family Homes

Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com



Phoenix, AZ 85054

Wed Sep 17 2025
This week the median list price for Phoenix, AZ 85054 is $760,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 25. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Phoenix, AZ 85054

Wed Sep 17 2025
This week the median list price for Phoenix, AZ 85054 is $760,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 25. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $760,000
Median Price of New Listings $0
Per Square Foot $434
Average Days on Market 95
Median Days on Market 105
Price Decreased 44%
Price Increased 0%
Relisted 12%
Inventory 25
Median Rent
Market Action 33
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,699,999 3,121 6,500 - 8,000 sqft 4 3 5 0 0 56
$897,500 2,072 4,500 - 6,500 sqft 4 3 7 0 1 140
$616,950 1,690 0 - 4,500 sqft 2 2 22 0 0 98
$486,250 1,218 0 - 4,500 sqft 2 2 16 0 0 84