Geography: Greater Phoenix

Cromford® Market Index by City – Gauges

About this chart

This page shows three gauges for one city: the Cromford® Supply Index, Market Index, and Demand Index at their latest reading, for single-family detached resale homes on ARMLS. It opens on Phoenix; pick any of the 34 cities from the list.

Each dial has three bands, below 90, 90 to 110, and above 110, and the needle takes the color of the band it points into. On the Market and Demand dials green is above 110 and red below 90; on the Supply dial the colors are reversed, because low supply favors sellers.

A Market Index below 90 indicates a buyer’s market, above 110 a seller’s market, and between 90 and 110 a balanced market.

Appreciation by List Price Range – Based on Annual Average – Monthly

About this chart

This chart shows annual appreciation for single-family detached homes in Greater Phoenix, one bar for each of 16 list price bands from $0 to $300K up to $10M and over. Each bar is the change in the average sales price per square foot over the last 12 months, compared with the same period a year earlier, measured at the start of each month.

It shows which parts of the market are gaining or losing ground. A band with no closings in the period keeps its label but shows no bar.

Hover over a bar to see the exact figure for that band.

Appreciation by List Price Range – Based on Monthly Average – Monthly

About this chart

This chart shows annual appreciation for single-family detached homes in Greater Phoenix, one bar for each of 16 list price bands from $0 to $300K up to $10M and over. Each bar is the change in the average sales price per square foot over the last month, compared with the same period a year earlier, measured at the start of each month.

It shows which parts of the market are gaining or losing ground. A band with no closings in the period keeps its label but shows no bar.

Hover over a bar to see the exact figure for that band.

Active Listings (excluding UCB & CCBS) by City – Weekly

About this chart

This chart counts the active listings for single-family detached homes on ARMLS in one city, measured every week on Thursdays. It leaves out UCB / CCBS listings, which are under contract but still marked active.

Each year has its own line, laid out by week of the year, so you can compare this year with earlier years at the same point in the season. It opens on Phoenix and the last five years. Pick any of the 34 cities (18 major and 16 secondary) from the City list, and tick any year back to 2006 in the Year panel. Queen Creek and San Tan Valley start in 2010, and Coolidge, Florence, Waddell, and Wickenburg in 2011.

Hover over a line to see the exact figure for that week.

Active Listings (including UCB & CCBS) by City – Weekly

About this chart

This chart counts the active listings for single-family detached homes on ARMLS in one city, measured every week on Thursdays. It includes UCB / CCBS listings, which are under contract but still accepting back-up offers or waiting on the buyer’s sale.

Each year has its own line, laid out by week of the year, so you can compare this year with earlier years at the same point in the season. It opens on Phoenix and the last five years. Pick any of the 34 cities (18 major and 16 secondary) from the City list, and tick any year back to 2006 in the Year panel. Queen Creek and San Tan Valley start in 2010, and Coolidge, Florence, Waddell, and Wickenburg in 2011.

Hover over a line to see the exact figure for that week.

Active Listings (including UCB & CCBS) by City – Monthly

About this chart

This chart counts the active listings for single-family detached homes on ARMLS in one city, including UCB / CCBS listings, as one bar per month since January 2001. Each bar is the reading on the 1st of the month.

It opens on Mesa. Pick any of 41 cities from the City list, and use Compare with to add a second city alongside it.

Hover over a bar to see the exact figure for that month.

Appreciation Based on Annual Average $/SF by City – Weekly

About this chart

This chart shows annual appreciation for single-family detached homes in one city, measured every week on Thursdays: the change in the average sales price per square foot over the last 12 months compared with the 12 months to the same date a year earlier. Above zero, prices are higher than a year ago; below zero, they are lower.

Each year has its own line, laid out by week of the year, so you can compare this year with earlier years at the same point in the season. It opens on Phoenix and the last five years. Pick any of the 34 cities (18 major and 16 secondary) from the City list, and tick any year back to 2002 in the Year panel.

Hover over a line to see the exact figure for that week.

Annual Appreciation (Based on Annual Average Sales Price per Square Foot) by City – Monthly

About this chart

This chart shows annual appreciation for single-family detached homes in one city, as one bar per month since January 2002: the change in the average sales price per square foot over 12 months compared with the 12 months to the same point a year earlier. Each bar covers the 12 months ending with the month it sits at, so the bar labeled August covers September 1 of the year before to August 31. The newest bar is the last month that has finished. Above zero, prices are higher than a year ago; below zero, they are lower.

It opens on Mesa. Pick any of 41 cities from the City list, and use Compare with to add a second city alongside it.

Hover over a bar to see the exact figure for that month.

Cromford® Market Index by City – Weekly

About this chart

This chart shows the Cromford® Market Index for one city, measured every week on Thursdays, for single-family detached resale homes on ARMLS. A reading above 110 means the city’s market favors sellers, below 90 it favors buyers, and between 90 and 110 the market is balanced.

Each year has its own line, laid out by week of the year, so you can compare this year with earlier years at the same point in the season. It opens on Phoenix and the last five years. Pick any of the 34 cities (18 major and 16 secondary) from the City list, and tick any year back to 2001 in the Year panel. San Tan Valley starts in 2010, and Coolidge, Florence, Waddell, and Wickenburg in 2017.

Hover over a line to see the exact figure for that week.

Contract Ratio by City – Weekly

About this chart

This chart shows the contract ratio for single-family detached homes on ARMLS in one city, measured every week on Thursdays. It compares the listings under contract (Pending plus UCB / CCBS) with the active listings available: the higher the ratio, the stronger buying activity is relative to supply, and in a very hot market it can go above 100.

Each year has its own line, laid out by week of the year, so you can compare this year with earlier years at the same point in the season. It opens on Phoenix and the last five years. Pick any of the 34 cities (18 major and 16 secondary) from the City list, and tick any year back to 2006 in the Year panel. Queen Creek and San Tan Valley start in 2010, and Coolidge, Florence, Waddell, and Wickenburg in 2011.

Hover over a line to see the exact figure for that week.