Clear Title Agency of Arizona

Phoenix, AZ 85004

Single-Family Homes

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Current active inventory in Phoenix, AZ 85004 is very low. Keep this in mind when looking at this report.

Phoenix, AZ 85004

Fri Jan 21 2022
This week the median list price for Phoenix, AZ 85004 is $780,000 with the market action index hovering around 26. This is less than last month's market action index of 33. Inventory has decreased to 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.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Phoenix, AZ 85004

Fri Jan 21 2022
This week the median list price for Phoenix, AZ 85004 is $780,000 with the market action index hovering around 26. This is less than last month's market action index of 33. Inventory has decreased to 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.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $780,000
Median Price of New Listings $0
Per Square Foot $364
Average Days on Market 77
Median Days on Market 77
Price Decreased 100%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent $2,210
Market Action 26
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$780,000 2,138 8,000 - 10,000 sqft 3 2 87 0 0 77
$780,000 2,138 8,000 - 10,000 sqft 3 2 87 0 0 77