Timescale: Long Term

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.

Year-to-Date Dollar Volume

About this chart

This chart compares the dollar volume of closings year to date: every year is cut to 1 January – the day of the latest closing, so this year so far can be read against the same days of earlier years. Dollar volume is the total of the sale prices of the homes that closed on ARMLS, each bar split by transaction type (normal, short sale, lender-owned, HUD).

It opens on 2001 to date; drag the handles of the date slider under the chart to choose the years shown, as far back as 2001. Use the Month box to count only some months of the year. 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 each transaction type and the year-to-date total.

HOA Fees for High-Rise Condos

About this chart

This chart shows the monthly HOA fees stated in ARMLS listings for 35 high-rise condo buildings in Maricopa County, from 1999 to the latest listing shown at the top. The fee is the total monthly amount for every association the unit belongs to. Listings that do not give a fee are left out.

Pick a building from the Building list; the chart opens on 3rd Avenue Lofts. The Summary view has two charts. The first shows each listing as a bubble at its list date and fee, and a bigger bubble is a bigger unit. The second shows the median and average fee for each calendar year; the current year runs only to the latest listing. The tiles above give the number of listings, the median and average for the latest full year, and the latest listing.

Use Show to switch between the monthly fee and the fee per square foot, and Dollars to switch between the fees as listed and fees adjusted for inflation, restated in today’s dollars using the US Consumer Price Index. The Detailed view shows all six charts at once: the fee and the fee per square foot for every listing, and the yearly median and average of each, both as listed and adjusted for inflation.

The median is the better guide to a typical fee: one unusual unit moves the average but not the median. Hover over a bubble to see the unit, MLS number, list date, fee, size, and fee per square foot.

Number of Closings with Seller Paid Concessions Noted

About this chart

This chart shows the number of closings each month that had a seller-paid concession noted (the bars) and the median dollar amount of those concessions (the line, on the right-hand scale). 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 2019 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.

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.

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.