February 2019 Phoenix Market Report

Total inventory has a month-over-month increase of +1.6% while year-over-year reflects an increase of +6.9%. Sales are up +19.6% month-over-month. The year-over-year comparison is down -7.3%. The average sales price is up +6.1% year-overyear while the year-overyear median sales price is also up +4.6%. Days on market were down -3 days year-overyear while month-overmonth increased by +1 day.

*STAT Market Reports are our market-wide reports produced each month by ARMLS.