Your Localized Market Report

Phoenix, AZ 85013

Single-Family Homes

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Phoenix, AZ 85013

Thu Jan 20 2022
This week the median list price for Phoenix, AZ 85013 is $610,000 with the market action index hovering around 71. This is an increase over last month's market action index of 67. Inventory has decreased to 10. 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 85013

Thu Jan 20 2022
This week the median list price for Phoenix, AZ 85013 is $610,000 with the market action index hovering around 71. This is an increase over last month's market action index of 67. Inventory has decreased to 10. 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 $610,000
Median Price of New Listings $1,200,000
Per Square Foot $318
Average Days on Market 47
Median Days on Market 42
Price Decreased 60%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent $4,400
Market Action 71
Strong Seller's Market

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
$1,047,500 2,802 0.25 - 0.5 acre 4 2.8 79 1 1 14
$687,500 2,463 0.25 - 0.5 acre 3 2.8 59 0 0 87
$575,000 1,314 8,000 - 10,000 sqft 3 3 64 0 0 42
$490,000 1,530 6,500 - 8,000 sqft 3 2 68 0 1 35