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(Prices and inventory current as of May 23, 2022)

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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of May 23, 2022)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

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Real Estate Market Update | Metro Phoenix | January 2022 vs December 2021

Real Estate Market Update | Metro Phoenix | January 2022 vs December 2021

Metro Phoenix 

Average Sales Price: December 2021 > $879,993 vs January 2022 > $956,699 = 9% increase 

Average Days On Market: December 2021 > 39 vs January 2022 >42 = 8% increase 

Average Sale Price Per Square Foot: December 2021 > $328.80 vs January 2022 > $344.25 = 5% increase 

Sale to List Price Ratio: December 2021 > 98.75% vs January 2022 > 99.10% = 0% No Significant Change 

Number of Sold Listings: December 2021 > 716 vs January 2022 > 572 = 20% decrease 

Months Supply of Inventory: December 2021 > 1.78 vs January 2022 > 2.24 = 26% increase 

Mortgage Rate: December 2021 > 3.27% vs January 2022 > 3.71% = 13% increase 

Top 10 Sales 

$14,995,000 6578 N Bella Vita Dr, Unit 21, Paradise Valley

$12,500,000 6121 N Nauni Valley Dr, Paradise Valley 

$10,995,000 6590 N Bella Vita Dr, Unit 22, Paradise Valley 

$7,685,000 5120 N Casa Blanca Dr, Paradise Valley

$7,000,000 7453 N 70th St, Paradise Valley

$6,750,000 6830 E Hummingbird Ln, Paradise Valley

$6,200,000 8389 N 58th Place, Paradise Valley

$6,000,000 5210 E Via del Cielo, Paradise Valley

$5,750,000 6301 N 61st Place, Paradise Valley

$5,700,000 4129 E Sandy Mountain Rd, Paradise Valley

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