Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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Phoenix Metro Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Phoenix Metro. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Phoenix Metro, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Phoenix Metro. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Phoenix Metro. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Phoenix Metro. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Phoenix Metro during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Phoenix Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of Phoenix Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of Phoenix Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Phoenix Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of Phoenix Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Phoenix Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Phoenix Metro whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in Phoenix Metro whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Phoenix Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Phoenix Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Phoenix Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Phoenix Metro whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Phoenix Metro whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Phoenix Metro that were sold in the past 12 months.

$165,600
24.0%Y-o-Y

Calculated 04/23/2013^*
^*Includes data and transactions through 03/31/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Mar 2013
394976	Phoenix Metro	2.0%	4.7%	24.0%	165600
16692	Aguila
3418	Anthem	1.7%	4.2%	23.9%	286500
30233	Apache Junction	1.8%	5.9%	24.8%	113900
21519	Arizona City
8149	Arlington
10226	Avondale	2.7%	7.9%	39.0%	140100
3869	Buckeye
23952	Carefree	2.3%	1.7%	11.5%	585500
10727	Casa Grande	1.6%	3.3%	19.8%	108300
30794	Cave Creek	2.0%	3.2%	10.3%	463200
17384	Chandler	1.9%	4.4%	20.8%	211800
24198	Coolidge
4432	Dudleyville
11278	El Mirage	3.6%	9.8%	34.1%	101100
11312	Eloy	4.3%	4.5%	6.3%	55300
38541	Florence
31610	Fort McDowell
38590	Fountain Hills	1.4%	2.9%	6.1%	321900
38688	Gila Bend
4888	Gilbert	1.9%	5.1%	23.7%	224700
18298	Glendale	2.4%	6.7%	32.8%	139000
112014	Gold Canyon	1.1%	2.4%	10.3%	248500
18329	Goodyear	1.7%	3.2%	19.1%	191400
45587	Guadalupe
5381	Kearny	1.0%	0.8%	-10.2%	84100
32525	Litchfield Park	2.5%	6.4%	26.5%	189800
12521	Mammoth
32697	Maricopa	1.9%	4.9%	30.4%	136500
19331	Mesa	2.4%	6.0%	25.8%	152200
26113	New River	2.6%	6.1%	14.9%	243200
13111	Oracle	1.3%	2.9%	22.8%	160300
29973	Paradise Valley	1.4%	2.9%	23.0%	1374000
40298	Peoria	1.9%	4.2%	23.2%	178700
40326	Phoenix	2.7%	7.2%	36.1%	136500
6489	Picacho
8814	Queen Creek	1.7%	5.1%	26.8%	152800
112707	Red Rock
40575	Rio Verde	0.9%	1.5%	5.7%	434900
33845	San Manuel	1.7%	2.2%	-5.1%	59600
54346	Scottsdale	1.0%	2.3%	15.3%	354100
20623	Stanfield
41130	Sun City	1.7%	3.8%	15.6%	105900
54619	Sun City West	1.1%	0.9%	6.8%	170400
27333	Superior
7330	Surprise	1.7%	3.4%	22.1%	170600
47958	Tempe	2.0%	4.7%	15.6%	181200
36428	Tolleson
27435	Tonopah
15970	Valley Farms
34833	Wickenburg	2.9%	3.3%	-3.7%	214900
30040	Winkelman
14747	Youngtown

Zillow Home Value Index		Y-o-Y
Phoenix Metro	$165,600	24.0%
Tucson Metro	$144,600	8.7%
Payson Metro	$141,000	6.2%
Prescott Metro	$188,900	11.1%
Yuma Metro	$105,800	1.8%
Nogales Metro	$102,700	-6.1%

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Phoenix Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Phoenix Metro.

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