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Phoenix, AZ 85019

Single-Family Homes

Here is your weekly Market Update!



Phoenix, AZ 85019

Sat May 10 2025
This week the median list price for Phoenix, AZ 85019 is $395,499 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has increased to 36. 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

Sat May 10 2025
This week the median list price for Phoenix, AZ 85019 is $395,499 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has increased to 36. 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 $395,499
Median Price of New Listings $418,500
Per Square Foot $248
Average Days on Market 71
Median Days on Market 39
Price Decreased 61%
Price Increased 3%
Relisted 8%
Inventory 36
Median Rent
Market Action 43
Slight Seller's Advantage

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
$444,900 1,781 6,500 - 8,000 sqft 4 2 66 2 1 21
$409,000 1,657 6,500 - 8,000 sqft 3 2 66 1 0 21
$379,000 1,494 6,500 - 8,000 sqft 3 2 66 1 0 28
$340,000 1,512 6,500 - 8,000 sqft 3 2 62 1 0 105