Midtown Condos Market Overview
Midtown Condos – Market Snapshot – 7.18.2025
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Midtown Condos Market Report
Midtown Condos Market Highlights
As of Jul 18, 2025, the condo market in Midtown reflects a dynamic landscape influenced by fluctuating inventory and sales metrics.
- Currently, the average number of active listings stands at 94, a notable increase from 71 listings just six months ago.
- Pricing trends reveal an average active list price of $489,890, which marks a decline from $612,418 seen six months prior.
- Days on Market (DOM) have increased to 185 days, considerably longer than the 212 days recorded six months ago.
- Inventory levels indicate 8.4 months of supply, resulting in a buyer-friendly market.
Midtown Condos – Inventory Snapshot – 7.18.2025
Midtown Condos – Sold Market Report – 7.18.2025
An In-Depth Look at the Midtown Condos Market
An in-depth examination of the Midtown condo market reveals several significant trends that buyers and sellers should be aware of.
- Active listings have seen a rise from 71 listings six months ago to the current 94, reinforcing an increase in options for buyers. This uptick in supply, coupled with an average of 8.4 months of inventory, suggests that buyers have more time to make decisions without facing intense competition.
- Conversely, the average list price has shifted downward to $489,890, comprising a steep decline from $612,418 earlier in the year. This price reduction may attract buyers who were previously priced out of the market.
- On the sales side, it’s important to note that the average sold price stands at $304,366 with a sold price to original list price ratio of 98%, highlighting that properties continue to sell at prices close to their initial listings, revealing robust buyer engagement despite some pricing adjustments.
- Days on Market (DOM) have increased to 185 days, indicating that while listings are still moving, they involve longer wait times, possibly due to buyers' cautious movement in a diverse price range and economic uncertainty.
- When comparing historical data, this current DOM reflects a slight improvement from 212 days noted earlier in the year, presenting a more promising outlook for closing transactions as buyer confidence stabilizes amidst shifting market conditions.
In summary, the Midtown condo market currently indicates favorable conditions for buyers driven by increased inventory and modestly improved selling conditions, making it an opportune time for potential homebuyers to explore their options actively.
Info About Midtown Condos
For those seeking a distinctive urban lifestyle, Midtown Phoenix has grown to be a thriving and bustling neighborhood. For those looking to live in the center of the city without having to worry about maintaining a yard, Midtown Phoenix has a variety of condos for sale (including townhomes and patio homes). These condos are conveniently located close to some of the best eateries, museums, art galleries, hospitals, schools, entertainment venues, and businesses the city has to offer. They also offer a variety of amenities. Read More...Dining Out
The wide variety of restaurants in the area is among its best features. El Chullo Peruvian Restaurant & Bar, the infamous Durant's, Blue Fin, and Mary Coyle Ol' Fashion Ice Cream are just a few of the city's top eateries that are located there. No matter what your cravings are—fine dining, pizza, or something completely different—you're sure to find a restaurant that will suit them.Culture
Midtown Phoenix is home to several museums and art exhibits for those who have an interest in the arts. With its impressive collection of modern and contemporary art, the Phoenix Art Museum is a must-see attraction. There is also the Heard Museum nearby, which is devoted to Native American art and culture. There are also a number of smaller galleries and studios where local artists' creations are displayed.Time with the Family
At the NE corner of Central Avenue and Indian School Road, one of the many parks is Steele Indian School Park, where one can play basketball or volleyball or simply relax and take in the vast grassy areas. Throughout the year, a number of events take place here as well. Encanto Park, another very well-liked park, is home to Enchanted Island Amusement Park, which offers rides, a train ride, pedal boats, and even the option to just sit and watch the ducks. Being surrounded by old growth trees, palm trees, and other lush vegetation makes it difficult to believe you are in a desert when you are walking around.Health Care Services
There are several hospitals and healthcare facilities in Midtown Phoenix, including St. Joseph's Hospital and Medical Center and Banner - University Medical Center Phoenix. Phoenix Children's Hospital, which is in Central Phoenix but only a short distance from Midtown, is well-regarded. Residents have access to world-class medical services and care at these facilities.Education
There are many public schools to choose from as well as a few private schools, including Brophy College Preparatory and Xavier College Preparatory, when it comes to education. Additionally, there is the highly regarded charter school BASIS.
Midtown Phoenix Condos for Sale
Getting Around
The light rail runs through the center of Midtown Phoenix, making it simple for locals to get around without a car. Residents can access other areas of the city, such as Uptown Phoenix, Downtown Phoenix, Tempe, Mesa, and the airport.Final Thoughts
Residents of Midtown Phoenix have access to some of the best restaurants, museums, art galleries, hospitals, schools, entertainment venues, and businesses in the city. It is a thriving and exciting neighborhood. With its wide selection of condos for sale, Midtown Phoenix is sure to have a living option that fits your needs and way of life. Therefore, Midtown Phoenix condos are definitely something to think about if you're looking for an urban lifestyle with minimal maintenance.Brian Adamski, Realtor
Long-Time Midtown Specialist | Meticulous Attention to Detail
Brian Adamski, Realtor
480-405-1265
480-405-1265
Todd and Debra Baer, Buyers
Becky Fuller, Seller