Topic: Average Price per Square Foot

Phoenix Urban Village Snapshot

About this chart

This table shows 38 measures of the market for single-family detached homes in each of 14 of the City of Phoenix’s urban villages, one village at a time. Pick the village from the box at the top. Rio Vista, the fifteenth village, has too few sales to include.

Each measure is shown today, a month ago, a quarter ago, a year ago, and two years ago, and earlier dates back to January 2018 can be chosen from the date box. The ST and LT marks compare today with last month and with last year, colored by whether the change favors sellers or buyers.

Urban villages are planning areas inside the City of Phoenix, so every home in them is also counted in Phoenix. Laveen Urban Village is not the same as the postal city of Laveen, and Paradise Valley Urban Village is not the Town of Paradise Valley.

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.

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.

Extreme Statistics

About this chart

This table lists the record high and record low of more than 30 market measures for the whole ARMLS market, all areas and all dwelling types, each with the date it happened, since January 1, 2001, together with a typical value for comparison.

It shows how extreme past markets have been and what a typical reading looks like, a yardstick for the current figures on the other charts. The numbered notes under the table explain the few measures that are counted differently.

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).

Annual Average Sales Price per Square Foot by City – Weekly

About this chart

This chart shows the average sales price per square foot of single-family detached homes that closed through ARMLS in one city, measured every week on Thursdays. Each point covers the closings in the 12 months up to that week. Price per square foot lets you compare homes of different sizes.

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.

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

Annual Average Sales Price per Square Foot by City – Long Term

About this chart

This chart shows the average sales price per square foot of single-family detached homes that closed through ARMLS in one city over 12 months, as one bar per month since January 2001. 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. Price per square foot lets you compare homes of different sizes.

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.

Monthly Average Sales Price per Square Foot by City – Weekly

About this chart

This chart shows the average sales price per square foot of single-family detached homes that closed through ARMLS in one city, measured every week on Thursdays. Each point covers the closings in the month up to that week. Price per square foot lets you compare homes of different sizes.

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.

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

Monthly Average Sales Price per Square Foot by City – Long Term

About this chart

This chart shows the average sales price per square foot of single-family detached homes that closed through ARMLS in one city, as one bar per month since January 2001. Each bar covers the closings in that calendar month, so the bar labeled August covers August 1 to 31. The newest bar is the last month that has finished. Price per square foot lets you compare homes of different sizes.

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.

Average List Price per Square Foot – Active Listings – Weekly

About this chart

This chart shows the average list price per square foot of active listings, including UCB / CCBS, for the whole ARMLS market, all areas and all dwelling types, counted every Saturday. It shows what sellers are asking, as the true average across all the square feet listed.

Each year has its own line, laid out by week of the year (each Saturday), so you can compare this year with earlier years at the same point in the season. It opens on the last four years; tick any year back to 2006 in the Year panel.

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