Median Home Price
$458,000
-1.5% YoY
List Price$480,000
$280
Price / Sq Ft
6.49%
Mortgage Rate
30yr fixed avg
56
Days on Market
median DOM
3.37
Months of Supply
seller-leaning
97.6%
Sale-to-List
of asking price
7,100
Homes Sold
this month
Market Pulse
Active Listings
25,800
-8.5% YoY
Sold Above List
14.8%
of closed sales
Price Drops
33%
of active listings
Net Migration
+4,800/mo
Phoenix metro monthly
Why Maricopa County?
- +4,800/mo net monthly inflow — one of the fastest-growing metros in the U.S.
- Ranked 40th nationally for housing affordability among major metros
- No state income tax on retirement income, strong job market in tech, healthcare & logistics
- Estimated 110,000 units housing unit shortfall driving long-term demand
Current Market Conditions
- Homes averaging 56 days on market — well-priced homes move quickly
- 14.8% of homes selling above list price, indicating competitive buyer demand
- Inventory growth at -8.5% YoY — more choices for buyers, but demand remains strong
- Sale-to-list ratio at 97.6% shows slight negotiability for strategic buyers
Market Temperature
Buyer's MarketBalancedSeller's Market
With 3.37 months of supply, Maricopa County remains seller-leaning — demand continues to outpace inventory despite rising listings.
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Maricopa County Market Intelligence · Updated Monthly · ivyrealty.ai
Data sourced from ARMLS, Redfin, NAR, Census Bureau, NAHB. For informational purposes only.