Greater Phoenix
Real Estate

Brian Adamski, Realtor

17+ Years of Experience
Honesty. Trustworthy. Integrity.

Greater Phoenix Market Overview

Houses

Highlights

As of March 25, 2025, the single-family home market in Greater Phoenix has displayed several noteworthy trends highlighting current dynamics.

  • Over the past month, active listings saw a significant increase, climbing to 23,301, up from 17,184 three months ago.
  • The average sold price currently stands at $710,373, demonstrating a robust market despite rising inventory.
  • Days on market for active listings have extended to 77 days, suggesting a slower pace than seen previously.
  • Though months of inventory are at 5.6, indicative of a slightly favorable market for buyers, the market remains competitive, reflected by a sold price to original list price ratio of 96%.
Condos
Land
Multifamily

Info About Greater Phoenix

Homes for Sale in Greater Phoenix

Homes for Sale in Greater Phoenix


The Greater Phoenix area is 10th largest metro area in the United States (4,652,000 people).

Two major airports serve Greater Phoenix. Phoenix Sky Harbor International Airport is the main one and is considered the 10th busiest in the United States. In 2004, Phoenix-Mesa Gateway Airport started commercial passenger flights.

Phoenix is in the northeastern part of the Sonoran Desert at about a mean elevation of 1,117 feet (340 m) and has a subtropical desert climate.

High Demand

For the last decade or so, Greater Phoenix real estate has been in the top 3 metro areas for people wanting to buy for both their primary home, secondary homes, and investment purposes. Since, COVID, the demand for Phoenix, AZ real estate has increased even more.

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Weather

Phoenix is frequently referred to as the Valley of the Sun and for good reason, as you can expect to see the sun, on average, 85% throughout the year. 8-9 months out of the year the weather in Phoenix is glorious and is one big reason people move here. Winter months are warm, with daily high temperatures ranging from the mid-50s to high 70s and low temperatures mostly in the low 40s, occasionally dipping below 40. On average, Phoenix has only five days per year where the temperature drops to or below freezing. The summer high average temperatures are typically over 100 °F (38 °C).

Economy

Eight Fortune 500 firms are currently headquartered here: Freeport-McMoRan, Avnet, Carvana, Republic Services, Insight Enterprises, Opendoor Technologies, Taylor Morrison Homes, and ON Semiconductor.

Phoenix has plenty of high-tech and telecommunications companies like Intel, GoDaddy, LifeLock, Gainsight, Microchip, Keap, Honeywell’s Aerospace division, and countless more.

Greater Phoenix Real Estate for Sale

Greater Phoenix Real Estate


Phoenix also benefits from tourism and recreation because of its weather and proximity to places like the Grand Canyon. Several golf events occur throughout the Phoenix Metro area, including the PGA’s Waste Management Phoenix Open.

Culture

Some of the best museums, theatres, and art galleries in the Southwest are located here.

Things To Do

Enjoy the outdoors year round! There is great hiking, mountain biking, and horseback riding on the many different mountain ranges throughout Greater Phoenix.

Phoenix is one the world’s golf capital and has many interesting, challenging, and unique courses.

Greater Phoenix Golf Course Homes

Greater Phoenix Golf Course Homes


Need to cool off? Phoenix has plenty of water parks or go tubing on the Salt River.

Phoenix also has plenty of public parks to relax with the family, have a picnic, swim in the pool, tennis, pickleball, or volleyball.

Within a 2-6 hour car drive lies the Grand Canyon, Sedona, Tucson, San Diego, Las Vegas, Palm Springs, Los Angeles, or even Mexico.

Topography

Generally speaking, the Greater Phoenix is flat, but mountain ranges are in and around the valley. If you’re looking for mountain views and foothills to break up the flatness, I would look at areas such as Ahwatukee (south), Biltmore Area (central), Arcadia Area (central), North Scottsdale (north), and Gold Canyon (east).

Want Help to Buy or Sell from an Expert?

If you’re looking for an experienced Greater Phoenix real estate agent, then you found one here! Brian is ranked in the top 3% in AZ. Whether you are looing for a single family home, a condo, or land, he is your guy!

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Greater Phoenix Market Report

Houses

An In-Depth Look at Greater Phoenix Houses

The single-family home market in Greater Phoenix, as of March 25, 2025, operates within an evolving landscape influenced by various metrics reflecting buyer activity and supply dynamics.

Currently, the number of active listings has surged to 23,301, marking a robust increase from 17,184 three months prior. This 36% rise in active inventory has contributed to an uptick in months of inventory to 5.6, illustrating a gradual easing of competition for buyers compared to the more constrained conditions of 6 months ago when it stood at 4.1 months. The higher inventory typically grants buyers more leverage in negotiations; however, the average sold price currently at $710,373 remains resilient, slightly above the $672,630 recorded three months ago.

Interestingly, while the average days on market (DOM) for active listings is 77 days, this reflects a slower sell-through rate, an increase from 102 days previously. This suggests that properties are taking longer to sell, a trend that may be adjusting buyers' expectations and strategies, especially in a market with higher inventory levels.

Moreover, the sold price to original list price ratio remains strong at 96%, indicating that homes are still fetching close to their asking prices, despite the incremental increase in inventory and DOM. For pending listings, which currently total 7,096, the average price sits around $713,974, further signaling that the market continues to function effectively even amidst rising listings.

Looking more broadly, this balance between increased inventory and sustained sales price reflects the complex nature of the Greater Phoenix market, where buyers are presented with more choices, yet sellers are still benefiting from solid price retention. For buyers, capitalizing on the current environment means engaging in thoughtful negotiations and remaining vigilant with the property that aligns with their goals. On the flip side, sellers need to consider pricing strategies and market positioning, particularly as inventory levels remain above past norms.

Such developments illustrate a shifting landscape, emphasizing the importance for both buyers and sellers to understand current conditions thoroughly and adjust their strategies accordingly.

Condos
Land
Multifamily

We never once felt rushed or pressured from Brian to close the deal, and he was extremely open and honest with us about any concerns or questions we had.
Chris and Karla Hervois, Buyers
Brian Adamski review from google

Brian Adamski, Realtor

17+ Years of Experience
Honesty. Trustworthy. Integrity.

Brian Adamski, Realtor
480-405-1265

Brian marketed our home better than any in the area and coupled with good analysis in selecting the list price, we sold our home quickly and ended up getting more than we expected!
Dan and Amy Sharratt, Sellers
Brian Adamski review from google

 

Brian Adamski, Realtor

17+ Years of Experience
Honesty. Trustworthy. Integrity.

Brian Adamski, Realtor
480-405-1265

We never once felt rushed or pressured from Brian to close the deal, and he was extremely open and honest with us about any concerns or questions we had.
Chris and Karla Hervois, Buyers
Brian Adamski review from google

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