Amy Gerrish, Realtor & Data Scientist.

Phoenix, AZ 85019

Single-Family Homes

Realty Executives



Phoenix, AZ 85019

Mon Oct 19 2020
This week the median list price for Phoenix, AZ 85019 is $251,950 with the market action index hovering around 80. This is about the same as last month's market action index of 80. Inventory has held steady at or around 14. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Phoenix, AZ 85019

Mon Oct 19 2020
This week the median list price for Phoenix, AZ 85019 is $251,950 with the market action index hovering around 80. This is about the same as last month's market action index of 80. Inventory has held steady at or around 14. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $251,950
Per Square Foot $160
Days on Market 24
Price Decreased 14%
Price Increased 7%
Relisted 0%
Inventory 14
Median Rent $1,497
Most Expensive $309,900
Least Expensive $223,000
Market Action 80
Strong Seller's Market

We continue to see prices in this zip code bounce 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
$299,900 1,882 8,000 - 10,000 sqft 4 2 51 3 2 0
$264,900 1,665 8,000 - 10,000 sqft 4 2 54 1 1 11
$248,450 1,386 0 - 4,500 sqft 3 2 63 1 1 28
$232,450 1,426 0 - 4,500 sqft 3 2 59 3 0 47