Geography: Greater Phoenix

Median Closing Price vs. Median Closing Price Adjusted for Concessions

About this chart

This chart compares the median sale price each month with the median sale price after taking off any seller-paid concession. A closing with no concession counts at its full price. The gap between the two lines shows how much concessions reduce what sellers really receive.

It opens on 2021 to date; tick other years in the Year panel to go back as far as 2008. The newest month is the month so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that month.

Sold Price per Sq Ft vs. Sold Price per Sq Ft Adjusted for Concessions

About this chart

This chart compares the sale price per square foot each month with the sale price per square foot after taking off any seller-paid concession. A closing with no concession counts at its full price.

It opens on 2021 to date; tick other years in the Year panel to go back as far as 2008. The newest month is the month so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that month.

Percent of Closings with Seller Paid Concessions Noted

About this chart

This chart shows the percentage of closings each month that had a seller-paid concession noted. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on 2022 to date; tick other years in the Year panel to go back as far as 2008. The newest month is the month so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that month. The tooltip gives the number of closings with a concession and the total.

Percent of Closings with Seller Paid Concessions Noted – Weekly

About this chart

This chart shows the percentage of closings each week that had a seller-paid concession noted. Weeks run Sunday to Saturday. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on 2022 to date; tick other years in the Year panel to go back as far as 2008. The newest week is the week so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that week.

Percent of Closings with Seller Paid Concessions Noted by List Price Range

About this chart

This chart shows the percentage of recent closings that had a seller-paid concession noted, for each of 22 list price ranges from below $100K to $10M and over. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on the last 90 days. Use the Period panel to switch between the last 30 and the last 90 days. The heading shows the exact dates covered. The chart is updated every day.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over a bar to see the closings with a concession, the total, and the median concession.

Percent of Closings with Seller Paid Concessions Noted by City

About this chart

This chart ranks cities by the percentage of recent closings that had a seller-paid concession noted, highest first. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on the last 30 days. Use the Period panel to switch between the last 30 and the last 90 days. The heading shows the exact dates covered. The chart is updated every day. A city with only a few closings can show 0% or 100%; the tooltip gives the count. Scroll inside the chart to see every city.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over a bar to see the closings with a concession, the total, and the median concession.

Percent of Closings with Seller Paid Concessions Noted by ZIP Code

About this chart

This chart ranks ZIP codes by the percentage of recent closings that had a seller-paid concession noted, highest first. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on the last 30 days. Use the Period panel to switch between the last 30 and the last 90 days. The heading shows the exact dates covered. The chart is updated every day. A ZIP code with only a few closings can show 0% or 100%; the tooltip gives the count. Scroll inside the chart to see every ZIP code.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over a bar to see the closings with a concession, the total, and the median concession.

Map – Percent of Closings with Seller Paid Concessions Noted by ZIP Code

About this chart

This map shades each ZIP code by the percentage of recent closings that had a seller-paid concession noted, darker for a higher share. A seller-paid concession is money the seller agrees to pay toward the buyer’s closing costs or other expenses, as noted on the ARMLS listing when it closes.

It opens on the last 90 days. Use the Period panel to switch between the last 30 and the last 90 days. The heading shows the exact dates covered. The chart is updated every day. ZIP codes with fewer than 5 closings in the period are shown in grey without a percentage.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type, Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over a ZIP code to see its figures.

12 Month Moving Average Sales Price per Square Foot

About this chart

This chart shows the average sales price per square foot of the homes that closed through ARMLS over the 12 months ending with each calendar month: a 12-month moving average, across all the square feet sold. Price per square foot lets you compare homes of different sizes. The 12-month average smooths out the seasonal swings.

It opens on the years since 2020; tick any year back to 2000 in the Year panel. The newest month is the month so far.

It opens on the Greater Phoenix area: the counties, cities, and ZIP codes that make it up are ticked to start with. Tick or untick any of them to change the area, including counties beyond Greater Phoenix. Narrow it further with the Dwelling Type (condo, mobile, single family), Transaction Type, and New / Resale boxes and the list price, home size, and year built sliders.

Hover over the chart to see the figures for that month.

Price Range Market Snapshot

About this chart

This table shows 20 measures of the market for single-family detached homes in Greater Phoenix, for one list price band at a time, from under $300K up to $10M and over. Pick the band with the buttons at the top.

Each measure is shown today (the 1st of the month), a month ago, a quarter ago, a year ago, and two years ago, so you can see how that part of the market has moved. The ST and LT marks compare today with last month and with last year, colored by whether the change favors sellers or buyers.

It covers supply (active listings, UCB / CCBS, pending, days inventory, months of supply), demand (sales per month and per year, days on market, listing success rate, contract ratio), and pricing ($/SF of active, under contract, and sold homes, appreciation, sale price as a percentage of list, and dollar volume).