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(Prices and inventory current as of Dec 2, 2022)

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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Dec 2, 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 | Quarter 3 2022 vs Quarter 3 2021

Real Estate Market Update | Metro Phoenix | Quarter 3 2022 vs Quarter 3 2021

Metro Phoenix

Average Sales Price: Q3 2021 > $756,951 vs Q3 2022 > $857,765 = 13% increase

Average Days On Market: Q3 2021 > 32 vs Q3 2022 > 43 = 34% increase

Average Sale Price Per Square Foot: Q3 2021 > $304.51 vs Q3 2022 > $349.96 = 15% increase

Sale to List Price Ratio: Q3 2021 > 100.09% vs Q3 2022 > 95.56% = 5% decrease

Number of Sold Listings: Q3 2021 > 2,215 vs Q3 2022 > 1,434 = 35% decrease

Months Supply of Inventory: Q3 2021 > 1.58 vs Q3 2022 > 2.65 = 68% increase

Mortgage Rate: Q3 2021 > 3.05% vs Q3 2022 > 6.73% = 121% increase

Top 10 Sales

$12,000,000 6512 N Desert Fairways Dr, Paradise Valley

$9,300,000 6215 N Casa Blanca Dr, Paradise Valley

$7,800,000 5431 E Exeter Blvd, Phoenix

$7,800,000 8601 N 61st Pl, Paradise Valley

$7,750,000 9147 N Kober Dr, Paradise Valley

$7,500,000 6350 E Naumann Dr, Paradise Valley

$7,000,000 4750 N 55th St, Phoenix

$6,600,000 6014 N La Colina Dr, Paradise Valley

$6,575,000 8700 N 55th Pl, Paradise Valley

$6,500,000 5953 N Yucca Rd, Paradise Valley

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