Phoenix AZ Real Estate Housing Market Report - June 2022
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for June 2022: The average sales price of Phoenix homes decreased for the second time in the last four months, going from $621,346 in May to $607,185 in June. The average sales price of Phoenix homes has increased in 12 out of the last 17 months.After increasing for five straight months the average sold price per square foot of Phoenix homes decreased, going from $317/sf in May to $312/sf in June. The Phoenix average sold price per square foot has only decreased three times in the last 28 months. The Phoenix days on market increased for the first month after decreasing four straight months. The days on market increased from 24 in May to 28 DOM in June. The DOM to sell a home in Phoenix is still low, considering a bala...
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