Greater Phoenix
Real Estate

Brian Adamski, Realtor

17+ Years of Experience
Honesty. Trustworthy. Integrity.

Greater Phoenix Market Overview

Houses

Highlights

As of March 16, 2025, the single-family home market in Metro Phoenix reflects a diverse and evolving landscape of opportunities for both buyers and sellers.

  • Over the past month, active listings have expanded to 23,083, significantly surpassing the 17,184 from three months ago, indicating a robust supply.
  • Meanwhile, the average sold price for homes has climbed to $704,884, demonstrating ongoing demand despite the increased inventory.
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.

Read More...

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!

Be the First to See New Listings

No pressure. Unsubscribe anytime. I hate spam too, so you can trust that I'll safeguard your information.

Please enable JavaScript in your browser to complete this form.
Name:
Dwelling Type:
Email Frequency:
Contact Permission:

Greater Phoenix Market Report

Houses

An In-Depth Look at Greater Phoenix Houses

The current dynamics of the Metro Phoenix single-family home market reveal several interesting trends that merit further analysis.

  • Active Listings: There are currently 23,083 active listings, which shows a marked increase from 17,184 active listings three months ago and 14,896 six months ago. This expansion indicates a thriving market likely driven by both new listings and existing homes becoming available for sale as sellers take advantage of current prices.
  • Days on Market (DOM): The average DOM for active listings is currently 78 days. While this is higher than the 60 days recorded three months ago, it presents a manageable timeline that suggests sellers are adjusting their strategies to remain competitive amidst growing inventory.
  • Months of Inventory: The months of inventory has reached 5.5, a noticeable increase from 4.1 three months ago. This uptick suggests a slight slowdown in the pace at which homes are selling, which could give buyers more negotiating power.
  • Sold Prices: The average sold price has impressively risen to $704,884 in the last month, up from $672,630 three months ago. This substantial growth highlights that, despite the increased availability of homes, buyer demand continues to drive prices upward, indicating a strong market appetite.
  • Price Per Square Foot: The average price per square foot for homes sold in the past month stands at $297, showcasing the continuing demand amid rising inventory levels.
  • Overall, the current market conditions may favor buyers slightly due to the increase in months of inventory. However, strong buyer interest reflected in the rising sold prices suggests a competitive landscape as homes still sell for close to their asking price, affirmed by the average sold price to original list price percentage remaining consistent at 96%.

In summary, while the current influx of inventory offers a broader array of choices for buyers, it also reinforces the need for all market participants to stay informed. Both buyers and sellers can benefit from understanding these nuanced dynamics, enabling them to make more strategic decisions tailored to the current conditions in the Metro Phoenix market.

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

My Recent Blog Posts