Phoenix Housing Prices: Regional Price per Square Foot

Phoenix Housing Prices updated on September 11, 2017 for sales in August 2017. 

  • Price per square foot in August was $149 —  the same as in July.
  • Our current seller’s market maintained strength as demand decreased but supply remained low.
  • The $149 is $10 more than August 2016.
  • The total increase in price per square foot since the bottom of the market ($77 per square foot in March 2011) is $72.
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Phoenix Housing Prices NOTE: the difference in price between normal sales and foreclosure type sales DOES NOT indicate a price difference you would find within a local subdivision or localized part of any city. Rather, it indicates the differential on a Valley-wide basis. The price gap is notable because a majority of foreclosure-type sales are in the lower price ranges.

MOBILE USERS: Some of our tables are not mobile friendly because of the large quantity of data. If you’re a number cruncher like us you may have to use a desktop computer. The horror, right?

Phoenix Housing Prices Table explanation

Month Total Sold Total  $$ Sq Ft Normal Size Normal Price Normal $$ Sq Ft Forecl Size Forecl Price Forecl $$ Sq Ft price +/- Sq Ft Price +/-
Aug-17 8,176 $149 2,000 $301,446 $151 2,210 $222,572 $101 -$78,874 -$50
Jul-17 8,022 $149 1,993 $298,274 $150 1,977 $226,789 $115 -$71,485 -$35
Jun-17 9,626 $152 2,077 $316,900 $153 2,065 $225,996 $109 -$90,904 -$43
May-17 9,862 $151 1,994 $302,412 $152 2,095 $242,616 $116 -$59,796 -$36
Apr-17 8,785 $151 1,937 $294,437 $152 2,075 $224,213 $108 -$70,224 -$44
Mar-17 9,266 $148 1,950 $291,875 $150 1,932 $216,910 $112 -$74,965 -$37
Feb-17 6,502 $147 1,936 $288,957 $149 2,194 $231,438 $105 -$57,519 -$44
Jan-17 6,009 $145 1,929 $285,637 $148 1,952 $207,868 $106 -$77,769 -$42
Dec-16 7,190 $145 1,947 $285,004 $146 1,970 $222,418 $113 -$62,586 -$33
Nov-16 6,909 $145 1,942 $283,617 $146 1,972 $210,150 $107 -$73,467 -$39
Oct-16 7,099 $145 1,972 $287,199 $146 1,820 $204,004 $112 -$83,195 -$34
Sep-16 7,423 $142 1,985 $284,168 $143 2,011 $215,043 $107 -$69,125 -$36
Aug-16 7,997 $139 1,990 $279,415 $140 1,947 $205,115 $105 -$74,300 -$35
Jul-16 7,785 $141 1,966 $274,822 $140 2,016 $205,803 $102 -$69,019 -$38
Jun-16 8,974 $141 2,015 $286,841 $142 1,823 $182,742 $100 -$104,099 -$42
May-16 8,825 $143 1,979 $285,009 $144 1,971 $217,057 $110 -$67,952 -$34
Apr-16 8,440 $141 1,926 $273,043 $142 1,914 $200,710 $105 -$72,333 -$37
Mar-16 8,546 $140 1,927 $273,044 $142 1,915 $200,711 $105 -$72,333 -$37
Feb-16 5,815 $141 1,938 $278,064 $143 1,839 $185,643 $101 -$92,421 -$43
Jan-16 5,202 $139 1,939 $275,644 $142 1,915 $192,804 $101 -$82,840 -$41
Dec-15 6,753 $138 1,949 $272,937 $140 1,915 $186,634 $97 -$86,303 -$43
Nov-15 5,348 $136 1,947 $269,005 $138 1,863 $187,702 $101 -$81,303 -$37
Oct-15 6,303 $134 1,956 $272,757 $139 1,899 $187,702 $99 -$85,055 -$41
Sep-15 6,977 $133 1,958 $264,533 $135 1,826 $176,634 $97 -$87,899 -$38
Aug-15 7,055 $133 1,977 $267,144 $135 1,845 $173,333 $94 -$93,811 -$41
Jul-15 7,945 $133 1,933 $269,380 $139 1,834 $177,798 $97 -$91,582 -$42
Jun-15 8,723 $136 2,012 $277,896 $138 1,827 $184,154 $101 -$93,742 -$37
May-15 8,270 $136 2,033 $263,822 $130 1,837 $169,429 $92 -$94,393 -$38
Apr-15 8,383 $136 1,959 $265,432 $135 1,837 $174,613 $95 -$90,819 -$40
Mar-15 7,882 $132 1,932 $263,926 $137 1,800 $166,721 $93 -$97,205 -$44
Feb-15 5,874 $131 1,937 $260,569 $135 1,788 $162,547 $91 -$98,022 -$44
Jan-15 4,791 $131 1,964 $265,372 $135 1,823 $164,848 $90 -$100,524 -$45
Dec-14 6,477 $131 1,995 $267,898 $134 1,818 $169,453 $93 -$98,445 -$41
Nov-14 4,998 $129 1,963 $259,296 $132 1,874 $180,541 $96 -$78,755 -$36
Oct-14 6,204 $128 1,951 $257,667 $132 1,832 $163,940 $89 -$93,727 -$43
Sep-14 6,282 $128 1,953 $257,265 $132 1,811 $164,184 $91 -$93,081 -$41
Aug-14 6,457 $126 1,993 $258,106 $130 1,835 $171,695 $94 -$86,411 -$36
Jul-14 6,858 $126 2,046 $266,130 $130 1,834 $171,683 $94 -$94,447 -$36
Jun-14 7,266 $129 2,000 $266,774 $133 1,759 $153,297 $87 -$113,477 -$46
May-14 7,490 $127 1,965 $257,731 $131 1,808 $162,045 $90 -$95,686 -$42
Apr-14 7,668 $130 1,952 $261,883 $134 1,818 $162,182 $89 -$99,701 -$45
Mar-14 6,750 $130 1,942 $261,400 $135 1,802 $162,477 $90 -$98,923 -$44
Feb-14 5,522 $127 1,924 $254,644 $132 1,769 $165,855 $94 -$88,789 -$39
Jan-14 4,835 $125 1,955 $257,229 $132 1,815 $160,286 $88 -$96,943 -$43
Dec-13 5,885 $126 1,998 $263,339 $132 1,830 $168,988 $92 -$94,351 -$39
Nov-13 5,194 $123 1,945 $249,096 $128 1,812 $166,070 $92 -$83,026 -$36
Oct-13 6,079 $124 1,975 $257,201 $130 1,821 $158,074 $87 -$99,127 -$43
Sep-13 6,352 $121 1,984 $250,525 $126 1,799 $166,027 $92 -$84,498 -$34
Aug-13 7,117 $119 2,003 $252,428 $126 1,865 $160,830 $86 -$91,598 -$40
Jul-13 7,195 $120 2,034 $257,109 $126 1,894 $164,498 $87 -$92,611 -$40
Jun-13 8,159 $119 2,041 $258,788 $127 1,874 $159,773 $85 -$99,015 -$42
May-13 9,444 $120 2,025 $260,176 $128 1,870 $158,934 $85 -$101,242 -$43
Apr-13 8,773 $116 1,982 $249,670 $126 1,871 $158,803 $85 -$90,867 -$41
Mar-13 8,111 $113 1,987 $244,753 $123 1,853 $157,285 $85 -$87,468 -$38
Feb-13 6,650 $111 1,971 $241,461 $123 1,873 $153,189 $82 -$88,272 -$41
Jan-13 5,834 $108 1,967 $238,148 $121 1,846 $150,598 $82 -$87,550 -$39
Dec-12 6,950 $108 2,004 $246,453 $123 1,903 $158,640 $83 -$87,813 -$40
Nov-12 6,846 $106 1,975 $232,800 $118 1,860 $153,927 $83 -$78,873 -$35
Oct-12 7,083 $104 2,006 $235,939 $118 1,890 $152,267 $81 -$83,672 -$37
Sep-12 6,464 $101 1,993 $225,726 $113 1,918 $156,715 $82 -$69,011 -$32
Aug-12 7,579 $98 2,016 $228,523 $113 1,873 $142,102 $76 -$86,421 -$37
Jul-12 7,186 $99 2,057 $236,375 $115 1,923 $145,981 $76 -$90,394 -$39
Jun-12 8,524 $99 2,103 $245,435 $117 1,880 $137,713 $73 -$107,722 -$43
May-12 8,425 $102 2,069 $247,018 $119 1,902 $144,870 $76 -$102,148 -$43
Apr-12 8,470 $96 2,007 $228,902 $114 1,917 $138,390 $72 -$90,512 -$42
Mar-12 8,871 $93 2,001 $220,183 $110 1,875 $136,322 $73 -$83,861 -$37
Feb-12 7,297 $87 1,948 $206,068 $106 1,871 $129,139 $69 -$76,929 -$37
Jan-12 6,464 $85 2,004 $213,970 $107 1,857 $125,339 $67 -$88,631 -$39
Dec-11 7,816 $84 2,016 $210,947 $105 1,880 $127,545 $68 -$83,402 -$37
Nov-11 7,220 $84 2,006 $212,780 $106 1,854 $123,179 $66 -$89,601 -$40
Oct-11 7,614 $81 2,034 $208,775 $103 1,828 $122,966 $67 -$85,809 -$35
Sep-11 8,094 $80 2,031 $210,038 $103 1,835 $120,300 $66 -$89,738 -$38
Aug-11 8,818 $79 2,075 $214,035 $103 1,835 $120,300 $66 -$93,735 -$38
Jul-11 8,562 $79 2,160 $230,153 $107 1,833 $116,403 $64 -$113,750 -$43
Jun-11 10,856 $82 2,138 $242,243 $113 1,854 $119,146 $64 -$123,097 -$49
May-11 9,913 $82 2,101 $234,383 $112 1,826 $117,812 $65 -$116,571 -$47
Apr-11 9,492 $78 1,984 $203,805 $103 1,828 $114,992 $63 -$88,813 -$40
Mar-11 9,973 $77 1,966 $199,485 $101 1,843 $116,526 $63 -$82,959 -$38
Feb-11 7,196 $81 2,031 $228,234 $112 1,852 $120,954 $65 -$107,280 -$47
Jan-11 6,575 $81 2,059 $233,352 $113 1,871 $123,797 $66 -$109,555 -$47
Dec-10 8,343 $81 2,052 $228,995 $112 1,878 $130,662 $70 -$98,333 -$42
Nov-10 6,722 $83 2,013 $210,026 $104 1,864 $129,457 $69 -$80,569 -$35
Oct-10 6,545 $83 2,076 $216,701 $104 1,893 $135,411 $72 -$81,290 -$33
Sep-10 6,771 $82 2,036 $209,156 $103 1,900 $140,455 $74 -$68,701 -$29
Aug-10 7,124 $85 1,997 $208,561 $104 1,906 $141,856 $74 -$66,705 -$30
Jul-10 6,950 $90 2,067 $232,307 $112 1,902 $143,639 $76 -$88,668 -$37
Jun-10 9,164 $91 2,090 $234,378 $112 1,904 $144,414 $76 -$89,964 -$36
May-10 9,097 $91 1,975 $222,672 $113 1,851 $131,821 $71 -$90,851 -$42
Apr-10 9,292 $89 1,947 $214,974 $110 1,894 $139,937 $74 -$75,037 -$37
Mar-10 8,921 $92 1,987 $229,793 $116 1,888 $142,059 $75 -$87,734 -$40
Feb-10 6,613 $90 1,994 $231,506 $116 1,883 $139,212 $74 -$92,294 -$42
Jan-10 5,812 $91 2,012 $236,839 $118 1,891 $142,468 $75 -$94,371 -$42
Dec-09 7,670 $91 2,006 $233,922 $117 1,903 $147,562 $78 -$86,360 -$39
Nov-09 7,586 $90 1,943 $212,983 $110 1,915 $148,475 $78 -$64,508 -$32
Oct-09 8,145 $89 1,954 $217,506 $111 1,892 $142,476 $75 -$75,030 -$36
Sep-09 7,942 $89 2,046 $233,377 $114 1,932 $145,856 $75 -$87,521 -$39
Aug-09 8,039 $90 2,042 $239,889 $117 1,907 $146,402 $77 -$93,487 -$41
Jul-09 9,128 $90 2,075 $257,470 $124 1,904 $138,165 $73 -$119,305 -$52
Jun-09 9,358 $88 2,081 $261,747 $126 1,892 $133,863 $71 -$127,884 -$55
May-09 9,330 $85 2,042 $262,254 $128 1,876 $127,920 $68 -$134,334 -$60
Apr-09 8,560 $84 2,028 $263,870 $130 1,853 $124,634 $67 -$139,236 -$63
Mar-09 7,620 $83 2,054 $262,382 $128 1,868 $127,100 $68 -$135,282 -$60
Feb-09 5,486 $89 2,074 $284,067 $137 1,875 $133,375 $71 -$150,692 -$66
Jan-09 4,746 $93 2,075 $294,304 $142 1,890 $141,637 $75 -$152,667 -$67
Dec-08 5,630 $100 2,008 $265,791 $132 1,927 $150,230 $78 -$115,561 -$54
Nov-08 4,320 $104 2,070 $260,264 $126 1,928 $158,727 $82 -$101,537 -$43
Oct-08 5,267 $107 2,028 $260,986 $129 1,927 $166,455 $86 -$94,531 -$42
Sep-08 6,130 $112 1,971 $259,301 $132 1,951 $174,476 $89 -$84,825 -$42
Aug-08 5,829 $127 2,038 $317,020 $156 1,984 $185,856 $94 -$131,164 -$62
Jul-08 5,971 $124 2,031 $295,521 $146 1,982 $187,166 $94 -$108,355 -$51
Jun-08 5,731 $130 2,053 $307,808 $150 2,014 $193,311 $96 -$114,497 -$54
May-08 5,636 $134 2,023 $307,995 $152 2,003 $197,122 $98 -$110,873 -$54
Apr-08 4,864 $139 1,994 $309,915 $155 2,021 $204,433 $101 -$105,482 -$54
Mar-08 4,278 $147 1,991 $325,047 $163 2,015 $211,473 $105 -$113,574 -$58
Feb-08 3,434 $149 1,968 $317,774 $161 1,974 $219,546 $111 -$98,228 -$50
Jan-08 2,873 $157 2,006 $336,688 $168 1,969 $216,368 $110 -$120,320 -$58
Dec-07 3,347 $155 2,017 $324,360 $161 1,996 $233,826 $117 -$90,534 -$44
Nov-07 3,315 $162 2,024 $339,967 $168 1,966 $239,282 $122 -$100,685 -$46
Oct-07 3,421 $165 1,997 $340,851 $171 1,957 $239,910 $123 -$100,941 -$48
Sep-07 3,381 $159 1,960 $318,357 $162 1,933 $242,794 $126 -$75,563 -$37
Aug-07 4,302 $175 1,995 $357,259 $179 1,969 $251,796 $128 -$105,463 -$51
Jul-07 4,684 $176 1,957 $348,200 $178 1,838 $245,146 $133 -$103,054 -$45
May-07 5,404 $178 1,967 $354,350 $180 1,928 $261,566 $136 -$92,784 -$44
Phoenix Home Sales phoenix housing prices phoenix housing prices

Table explanation
Here’s how to read the Phoenix housing prices report:

  • “Month” =self-explanatory
  • “Total” = total residential sales reported in the MLS
  • “Total $$ Sq Ft” = The average price per square foot of the total sales for that month which is computed by dividing the average sales price by the average square footage (not shown in this chart to save space but trust us – it’s accurate)
  • “Normal Size” = average size expressed in square footage of normal sales (not REO or short sales)
  • “Normal Price” = average price of normal sales
  • “Normal $$ Sq Ft” = normal price divided by normal size
  • “Forecl Size” = average size expressed in square footage of foreclosure type sales
  • “Forecl Price” = average price of foreclosure type sales
  • “Forecl $$ Sq Ft” = foreclosure type price divided by foreclosure type size
  • “Price +/-” = the difference in price between normal and foreclosure type sales
  • “Sq Ft Price +/-” = the difference in square footage price between normal and foreclosure type sales

NOTE: This Phoenix housing prices report differs from the individual city reports as it comprises all the monthly sales within the Arizona Regional Multiple Listing Service. It will show you the overall price per square foot (PPSF) in the entire Phoenix real estate market as well as the price for normal sales versus foreclosure type sales (which are defined as bank owned properties and short sales for the purposes of this report). We put a lot of effort into this Phoenix housing prices report to track the most current and accurate information you’ll need as an investor or family looking to buy or sell a house.

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