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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 | Q1 2022 vs. Q2 2021

Real Estate Market Update | Metro Phoenix | Q1 2022 vs. Q2 2021

Metro Phoenix

Average Sales Price: 1st Qtr 2021 > $785,932 vs 1st Qtr  2022 > $993,607 = 26% increase

Average Days On Market: 1st Qtr 2021 > 46 vs 1st Qtr 2022 > 37 = 20% decrease

Average Sale Price Per Square Foot: 1st Qtr 2021 > $277.08 vs 1st Qtr 2022 > $437.98 = 58% increase

Sale to List Price Ratio: 1st Qtr 2021 > 98.84% vs 1st Qtr 2022 > 100.22% = 1% increase

Number of Sold Listings: 1st Qtr 2021 > 2159 vs 1st Qtr 2022 > 1931 = 11% decrease

Months Supply of Inventory: 1st Qtr 2021 > 1.53 vs 1st Qtr 2022 > 1.44 = 6% decrease

Mortgage Rate: 1st Qtr 2021 > 3.33% vs 1st Qtr 2022 > 4.45% = 34% increase

Top 10 Sales

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

$13,700,000 6480 E Arroyo Verde Dr, Paradise Valley

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

$12,500,000 6000 E Cameldale Way, Paradise Valley

$12,000,000 6149 E Indian Bend Rd, Paradise Valley

$11,250,000 7046 N 59th Place, Paradise Valley

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

$9,150,000 8923 N Martingale Rd,, Paradise Valley

$8,750,000 5825 E Starlight Way, Paradise Valley

$8,500,000 4474 E Valley Vista Ln, Paradise Valley

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