Median Home Price
$473,406
-0.3% YoY
List Price$499,000
$260
Price / Sq Ft
7.43%
Mortgage Rate
30yr fixed avg
68
Days on Market
median DOM
4.28
Months of Supply
seller-leaning
97.8%
Sale-to-List
of asking price
4,509
Homes Sold
this month
Market Pulse
Active Listings
23,406
+0.5% YoY
Sold Above List
14.3%
of closed sales
Price Drops
22.8%
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 68 days on market — well-priced homes move quickly
- 14.3% of homes selling above list price, indicating competitive buyer demand
- Inventory growth at +0.5% YoY — more choices for buyers, but demand remains strong
- Sale-to-list ratio at 97.8% shows slight negotiability for strategic buyers
Market Temperature
Buyer's MarketBalancedSeller's Market
With 4.28 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.