Greater Phoenix
Real Estate

Brian Adamski, Realtor

17+ Years of Experience
Honesty. Trustworthy. Integrity.

Greater Phoenix Market Overview

Houses

Highlights

As of March 17, 2025, the single-family home market in Greater Phoenix showcases distinct trends impacting both buyers and sellers.

  • Over the past month, active listings have risen to 22,942, displaying a significant increase from just 17,184 three months ago.
  • The average days on market (DOM) for active listings has decreased to 78 days, compared to 102 days three months ago, indicating a quicker sales pace.
  • However, the months of inventory currently sits at 5.6 months, suggesting a balanced market where neither party holds a clear advantage.
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

In-depth analysis of the Greater Phoenix single-family home market reveals a dynamic landscape marked by notable shifts in key metrics. Currently, the number of active listings has escalated to 22,942 over the past month, which represents a significant rise from 17,184 listings three months ago. This increase in inventory may appear to provide more options for potential buyers. However, with the average price per square foot climbing to $322 from $311 three months prior, sellers may find themselves in a more competitive environment.

The average days on market (DOM) has notably declined to 78 days, reflecting a resilience in buyer demand. Just three months ago, properties were on the market for an average of 102 days. This decrease in DOM indicates that homes are selling faster, a sign that buyers may be becoming more decisive, perhaps due to favorable interest rates or improved economic indicators.

Despite the increasing activity in listings, the current months of inventory calculations show 5.6 months, indicating a balance between supply and demand. This figure is higher than the 4.1 months of inventory seen three months ago, reinforcing the notion that the market is stabilizing after previous fluctuations. Comparatively, 6 months ago, there were 14,896 active listings, showcasing a clear upward trend in available homes.

Additionally, sold prices for homes in the last 30 days averaged $704,221, reflecting an increase compared to $672,630 three months ago. Buyers, however, are facing the need for adjustments as the sold price is corresponding closely to the average original listing price, indicating that homes are selling at about 96% of their asking price, suggesting sellers need to be realistic in their pricing strategies.

This blend of increasing inventory and quicker sales points to a market that is finely tuned, where both buyers seeking options and sellers needing to price wisely must navigate carefully. The interplay of these metrics emphasizes the importance of strategic decision-making in both buying and selling within this evolving marketplace.

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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