Navi Title Agency

Phoenix, AZ 85013

Single-Family Homes

Here is your weekly Market Update!



Phoenix, AZ 85013

Fri Jun 02 2023
This week the median list price for Phoenix, AZ 85013 is $714,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 30. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Phoenix, AZ 85013

Fri Jun 02 2023
This week the median list price for Phoenix, AZ 85013 is $714,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 30. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Phoenix market.
Median List Price $714,000
Median Price of New Listings $799,000
Per Square Foot $353
Average Days on Market 84
Median Days on Market 63
Price Decreased 80%
Price Increased 0%
Relisted 7%
Inventory 30
Median Rent
Market Action 45
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$1,195,000 3,702 0.25 - 0.5 acre 4 3.5 35 0 2 84
$799,000 2,069 8,000 - 10,000 sqft 4 2.5 71 3 3 14
$622,450 1,856 8,000 - 10,000 sqft 3 2.8 67 0 2 35
$520,699 1,740 6,500 - 8,000 sqft 3 2 72 0 3 140