Market Snapshot · September 22, 2026

Phoenix, AZ Real Estate Market Summary

In the Phoenix real estate market, 1,130 homes were sold in the last 30 days, averaging 38 homes sold each day. The average sale price of these homes was $548,785, with a median price of $424,995. Homes spent an average of 16 days on the market before being sold.

Sold1130
Sold / Day37.67
Median$424,995
Avg. DOM16
Single Family Homes
Sold Sold / Day Median Avg. Price Avg. DOM
951 31.70 $435,000 $578,175 16
Buyer
On average, single-family homes spent about 16 days on the market before selling.
Seller
Sellers of single-family homes can expect competitive prices, with homes averaging $284 per square foot.
Condos & Townhomes
Sold Sold / Day Median Avg. Price Avg. DOM
159 5.30 $297,500 $366,569 14
Buyer
Condos and townhomes typically spent about 14 days on the market before being purchased.
Seller
Sellers can anticipate strong interest, as these properties average $268 per square foot.
Overall, the Phoenix market is active with a steady pace of home sales across different segments. Buyers and sellers alike are navigating through a market with relatively short days on market and competitive pricing.
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