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Phoenix, AZ 85019

Single-Family Homes

Here is your weekly Market Update!



Phoenix, AZ 85019

Tue Jul 01 2025
This week the median list price for Phoenix, AZ 85019 is $390,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 34. 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

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 85019

Tue Jul 01 2025
This week the median list price for Phoenix, AZ 85019 is $390,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 34. 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

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 $390,000
Median Price of New Listings $350,000
Per Square Foot $243
Average Days on Market 96
Median Days on Market 60
Price Decreased 59%
Price Increased 0%
Relisted 6%
Inventory 34
Median Rent
Market Action 42
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$438,900 1,781 6,500 - 8,000 sqft 4 2 65 1 1 56
$399,959 1,518 6,500 - 8,000 sqft 4 2 66 0 1 80
$374,900 1,676 6,500 - 8,000 sqft 4 2 67 0 1 56
$324,950 1,315 6,500 - 8,000 sqft 3 2 66 2 3 119