Phoenix Real, Inflation-Adjusted Home Prices Same as Spring 2021 – Nearly 3 Years Ago
And 8% above the peak in 2005.
And nearly double the price in 2000.
Phoenix Real Estate Market – Feb 2024
Supply Still Increasing in High Season!
The number of single-family homes for sale in metro Phoenix is still increasing a bit, at a time of year it's usually flat or falling.
Huge difference from last year when the number of houses for sale was falling quite a bit each week.
Click on the graphs to go to the full-size, interactive versions.
Notice how very small changes in New Listings and Solds eventually cause HUGE changes in the number of houses For Sale and house Prices (see graph above).
This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.