Measurement Frequency: Not applicable

Price Changes, Days at the Final Price and Sale Price by Region

About this chart

This chart shows how many times homes changed their list price before going under contract, and what that meant for how long they took to sell and the price they sold for, by region. Each closed resale is grouped by the number of list price changes before the contract that closed, from none to five or more. Price increases and price cuts both count as a change.

The top chart compares two figures for each group. The wide bar is the median Cromford® Days on Market. The solid bar inside it is the median number of days the home spent at its final list price, the price that found the buyer. However long a home was on the market, the time it spent at the price that sold it is usually much shorter.

The top two charts compare any two years from 2020 on, picked with the selectors above them. The lower left chart shows the median sale price as a percentage of the final list price (solid line) and of the initial list price (dashed line). The lower right chart shows the share of closings in each group for the years ticked in the Year panel.

The map shades every ZIP code with its region’s figure for one year at a time, chosen with the year selector above it, so each region reads as one block. A few ZIP codes lie in two regions; they are striped in both regions’ shades and their closings count in both. Regions not ticked in the Region panel are faded. Click a ZIP code to show its region alone in the charts.

Days count while the home was Active or Coming Soon, up to the contract that closed. A contract that fell through does not reset the count. New construction is excluded. Years are by closing date, and the current year is year to date. The chart opens on 2021 and the current year in the Greater Phoenix regions, with manufactured and modular homes left out.

Price Changes, Days at the Final Price and Sale Price by City and ZIP Code

About this chart

This chart shows how many times homes changed their list price before going under contract, and what that meant for how long they took to sell and the price they sold for. Each closed resale is grouped by the number of list price changes before the contract that closed, from none to five or more. Price increases and price cuts both count as a change.

The top chart compares two figures for each group. The wide bar is the median Cromford® Days on Market. The solid bar inside it is the median number of days the home spent at its final list price, the price that found the buyer. However long a home was on the market, the time it spent at the price that sold it is usually much shorter.

The top two charts compare any two years from 2020 on, picked with the selectors above them. The lower left chart shows the median sale price as a percentage of the final list price (solid line) and of the initial list price (dashed line). The lower right chart shows the share of closings in each group for the years ticked in the Year panel.

The map shades each ZIP code for one year at a time, chosen with the year selector above it. ZIP codes with fewer than 20 closings are shown in gray. Click a ZIP code to show it alone in the charts.

Days count while the home was Active or Coming Soon, up to the contract that closed. A contract that fell through does not reset the count. New construction is excluded. Years are by closing date, and the current year is year to date. The chart opens on 2021 and the current year in Maricopa and Pinal counties, with manufactured and modular homes left out.

Brand Listing Success Rate

About this chart

This chart compares how often the listings of each real estate brand sell, together with the median list price and average year built of the homes it lists. It covers listings added to ARMLS in the last two years, new homes and resales alike, and the success rate is the share of them that closed rather than expired or being cancelled.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. Brands with fewer than 200 such listings are left out.

Each listing is credited to the brand of its listing office, so all the offices of a franchise or brokerage count together. An office that does not belong to a larger brand is shown under its own name.

New-home builders and iBuyers list their own inventory rather than acting as an agent for a seller, and some brokers specialize in listing homes owned by institutional investors; all three tend to show unusually high success rates for that reason.

The bars rank every brand by success rate and then by the number of listings. Hover over a bar for the counts and median list price. The table below can be searched by brand name and sorted by clicking a column heading.

Office Listing Success Rate

About this chart

This chart compares how often each brokerage office’s listings sell. It covers listings added to ARMLS in the last 12 months, and the success rate is the share of them that closed rather than expired or being cancelled. Each listing is credited to its listing office.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. An office needs at least 50 such listings in the selection to appear.

Narrow the comparison with the County, Region, City, Dwelling Type, and Price Range controls; the City list follows the county you pick, and you can tick any combination of the 16 price ranges. New Construction lets you include or exclude homes built this year or in the previous two. The tiles show the totals and the overall success rate for the selection, as a yardstick for each office.

The bar chart shows the top 10, 25, 50, or 100 offices, ranked by success rate and then by the number of listings. The table below lists every office that qualifies; search it by office name or ID, and click a column heading to sort by it. Many brokerages have several offices with the same name, so the table shows each office with its ARMLS office ID.

Offices that list new homes for a builder, or homes for an iBuyer or an institutional investor, are listing their own client’s inventory and tend to show unusually high success rates for that reason.

Agent Listing Success Rate

About this chart

This chart compares how often each listing agent’s listings sell. It covers listings added to ARMLS in the last 12 months, and the success rate is the share of them that closed rather than expired or being cancelled. Each listing is credited to its listing agent.

A listing counts once it has closed, expired, or been cancelled. Listings that are still active, under contract, or temporarily off the market are not counted yet, so the most recent months contribute fewer listings than earlier ones. An agent needs at least 10 such listings in the selection to appear.

Narrow the comparison with the County, Region, City, Dwelling Type, and Price Range controls; the City list follows the county you pick, and you can tick any combination of the 16 price ranges. New Construction lets you include or exclude homes built this year or in the previous two. The tiles show the totals and the overall success rate for the selection, as a yardstick for each agent.

The bar chart shows the top 10, 25, 50, or 100 agents, ranked by success rate and then by the number of listings. The table below lists every agent that qualifies, with the office they listed through most often. Search it by name, agent ID, or office, and click a column heading to sort by it.

A high rate on a handful of listings means less than the same rate on many, so read the success rate together with the number of listings.

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).

Percentage of Home Sales by Finance Type and Price Range

About this chart

This chart shows how homes were paid for in each of 22 price bands, from below $100K to $10M and over, from residential deeds recorded by Maricopa and Pinal Counties. Each bar adds up to 100% and is split by finance method, such as cash, Fannie Mae / Freddie Mac, FHA, and VA, so you can see how the way buyers pay changes with price.

It opens on the last 12 months of records; use the Recording Month slider to choose the months covered. It opens on Maricopa and Pinal Counties with everything included; narrow it with the County, City, and ZIP panels and the Property Type, 55+ Communities, Finance Method, Transaction Type, and Price Range boxes.

Hover over a bar to see each share for that price band.

Flip Sales – Gross Percentage Gain Map

About this chart

This map shows fix-and-flip resales in Maricopa and Pinal Counties: homes bought, usually renovated, and resold by an investor. Each dot is one flip, colored by the gross percentage gain between the purchase price and the resale price.

Purchases by Opendoor and OfferPad are left out by default; tick them under Buyers to include them. Use the County, City, and ZIP Code panels and the Property Type, hold days, profit, and sales price filters to narrow the flips shown.

The Last Month, Last 3 Months, Last 6 Months, and Full range buttons, and the arrows, set the dates covered.

Cromford® Days on Market vs. Price Discount by Region

About this chart

This chart shows the discount from the original list price that sellers accepted, by how long the home was on the market. Homes that closed are grouped by their Cromford® Days on Market, from 0 to 15 days up to more than a year, and each point is the median discount from the original list price for that group. Each year has its own line, with a shaded band showing the range of the middle half of discounts.

It opens on the last three years; tick any year back to 2011 in the Year panel. The buttons on the chart switch between the median discount and the average percentage of the original list price achieved.

By default the days on market count the time a home was Active. Tick Coming Soon, Pending, or UCB / CCBS under Cromford® Days on Market to add that time as well.

It opens with every region included. Use the Region panel to focus on one region or compare a combination of them. Narrow it with the Dwelling Type and Transaction Type boxes and the original list price, home size, and year built sliders. Manufactured and modular homes are left out by default.

Cromford® Days on Market vs. Price Discount by City and ZIP Code

About this chart

This chart shows the discount from the original list price that sellers accepted, by how long the home was on the market. Homes that closed are grouped by their Cromford® Days on Market, from 0 to 15 days up to more than a year, and each point is the median discount from the original list price for that group. Each year has its own line, with a shaded band showing the range of the middle half of discounts.

It opens on the last three years; tick any year back to 2011 in the Year panel. The buttons on the chart switch between the median discount and the average percentage of the original list price achieved.

By default the days on market count the time a home was Active. Tick Coming Soon, Pending, or UCB / CCBS under Cromford® Days on Market to add that time as well.

It opens on Maricopa and Pinal Counties with every city and ZIP code included. Use the County, City, and ZIP panels to focus on any area, from a whole county down to a single ZIP code. Narrow it with the Dwelling Type and Transaction Type boxes and the original list price, home size, and year built sliders. Manufactured and modular homes are left out by default.