Timescale: Since 2008

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.

Average Sales Price History Map

About this chart

This map shades each ZIP code by the average sale price of the homes that closed in one month, in price ranges from under $100K to over $3M.

It opens on the latest complete month. Use the Month panel, or its arrows, to step back through earlier months as far as 2008. ZIP codes with fewer than 3 closings in the month are shown in grey.

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 average price and number of closings.

Year-over-Year Percentage Change in Monthly Average Sales Price

About this chart

This chart shows the year-over-year change in the average sale price: each month compared with the same month a year earlier, as a percentage. Above zero, prices are higher than a year ago; below zero, lower.

It opens on January 2019 to date; drag the handles of the date slider under the chart to choose the months shown. It goes back to January 2009. The list price slider runs up to $75 million. 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 a bar to see both months’ average prices and the number of closings.

Monthly Average Sales Price

About this chart

This chart shows the average sale price of the homes that closed each month on ARMLS.

It opens on January 2018 to date; drag the handles of the date slider under the chart to choose the months shown. It goes back to January 2008. The list price slider runs up to $75 million. 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.