Phoenix Real Estate - June Market UpdatePosted by Riley Bishop on Monday, June 18th, 2018 at 7:13am. June 11 The data is preliminary, based on affidavits of value recorded during
Phoenix Real Estate June Annual Comparison
Market Summary for the Start of June
Using the basic ARMLS counts for June 1, 2018 and comparing against June 1, 2017 for all areas & types. We will take a look at the hard numbers, then talk about what they mean.
Active Listings (excluding listings under contract): 16,018 vs. 18,476 from last year - a 13.3% decrease - a 1.9% decrease from last month's 16,329.
Active Listings (including listings under contract): 20,809 v.s 23,281 from last year - a 10.6% decrease - a 2.9% decrease from last month's 21,440.
Pending Listings: 6,608 vs. 7,324 from last year - a 9.8% decrease - and down 10.6% from 7,393 last month
Under Contract Listings (including all non-active types): 11,399 vs. 12,129 last year - a 6.0% decrease - an 8.8% decrease from 12,504 last month
Monthly Sales: 10,081 vs. 9,858 last year - up 2.3% - and up 9.8% from 9,178 last month
Monthly Average Sales $/Sq.Ft.: $164.03 vs. $150.51 last year - an appreciation of 9.0%- and a 0.7% gain from $162.81 last month
Monthly Median Sales Price: $262,900 vs. $240,000 last year - up 9.5% - and up 3.9% from $253,000 last month