Market Update
The Valley
Q3 2025
Residential Property Snapshot
Single Family Homes & Condos | Q3 2025
- Med. Sales Price
- $470k
- 2% more than in
Q3 2024 - Avg. Days On Market
- 78
- 32% more than in
Q3 2024 - Closed Sales
- 14.7k
- 18% more than in
Q3 2024 - Inventory
- 18k
- 22% more than in
Q3 2024
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Sold Total | Median Close Price | Avg Close Price | |
|---|---|---|---|
| Q3 '21 | 14303 | $425k | $536k |
| Q3 '22 | 9714 | $470k | $599k |
| Q3 '23 | 9302 | $455k | $604k |
| Q3 '24 | 12400 | $460k | $606k |
| Q3 '25 | 14685 | $470k | $614k |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 55.8% |
|---|---|
| Q3 '25 | 8199 |
| Q3 '24 | 7125 |
| 1YR CHANGE | +15% |
| Closed $500k - $1m | 35.0% |
| Q3 '25 | 5135 |
| Q3 '24 | 4237 |
| 1YR CHANGE | +21% |
| Closed $1m - $2m | 7.0% |
| Q3 '25 | 1035 |
| Q3 '24 | 785 |
| 1YR CHANGE | +32% |
| Closed Over $2m | 2.2% |
| Q3 '25 | 316 |
| Q3 '24 | 253 |
| 1YR CHANGE | +25% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Median Close Price | Avg Days On Market | |
|---|---|---|
| Q3 '21 | $425k | 28 |
| Q3 '22 | $470k | 40 |
| Q3 '23 | $455k | 56 |
| Q3 '24 | $460k | 59 |
| Q3 '25 | $470k | 78 |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2025
Rotate your device to view as table
'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
22%
New Listings
New Listings represents the number of properties listed during the quarter.
1%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
5%
Closed Sales
18%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
32%
Ahwatukee
- Median
- $555k
- DOM
- 70
- Sales
- 242
- Inv
- 172
Anthem
- Median
- $579k
- DOM
- 75
- Sales
- 115
- Inv
- 128
Avondale
- Median
- $423k
- DOM
- 72
- Sales
- 235
- Inv
- 257
Buckeye
- Median
- $400k
- DOM
- 82
- Sales
- 642
- Inv
- 874
Carefree
- Median
- $1.27m
- DOM
- 142
- Sales
- 20
- Inv
- 45
Cave Creek
- Median
- $1.13m
- DOM
- 131
- Sales
- 23
- Inv
- 52
Chandler
- Median
- $555k
- DOM
- 66
- Sales
- 642
- Inv
- 579
Desert Mountain
- Median
- $2.89m
- DOM
- 172
- Sales
- 28
- Inv
- 93
Fountain Hills
- Median
- $750k
- DOM
- 98
- Sales
- 109
- Inv
- 190
Gilbert
- Median
- $580k
- DOM
- 70
- Sales
- 831
- Inv
- 660
Glendale
- Median
- $450k
- DOM
- 72
- Sales
- 456
- Inv
- 508
Goodyear
- Median
- $471k
- DOM
- 83
- Sales
- 524
- Inv
- 603
Litchfield Park
- Median
- $675k
- DOM
- 82
- Sales
- 24
- Inv
- 30
Maricopa
- Median
- $350k
- DOM
- 90
- Sales
- 415
- Inv
- 660
Mesa
- Median
- $496k
- DOM
- 74
- Sales
- 1,084
- Inv
- 1,070
Paradise Valley
- Median
- $4.33m
- DOM
- 129
- Sales
- 49
- Inv
- 127
Peoria
- Median
- $525k
- DOM
- 81
- Sales
- 655
- Inv
- 731
Phoenix
- Median
- $475k
- DOM
- 71
- Sales
- 3,323
- Inv
- 3,713
Queen Creek
- Median
- $635k
- DOM
- 86
- Sales
- 399
- Inv
- 534
Rio Verde
- Median
- $690k
- DOM
- 165
- Sales
- 5
- Inv
- 27
San Tan Valley
- Median
- $480k
- DOM
- 120
- Sales
- 63
- Inv
- 125
Scottsdale
- Median
- $1.01m
- DOM
- 91
- Sales
- 854
- Inv
- 1,380
Sun City West
- Median
- $385k
- DOM
- 91
- Sales
- 207
- Inv
- 201
Sun City, El Mirage
- Median
- $301k
- DOM
- 86
- Sales
- 192
- Inv
- 241
Surprise
- Median
- $425k
- DOM
- 81
- Sales
- 863
- Inv
- 1,195
Tempe
- Median
- $506k
- DOM
- 67
- Sales
- 250
- Inv
- 262