What the Pros Know

4,585,871

Population

0.7% YoY

2023

36.1

Median Age

2.2% YoY

2022

$80,675

Median Household Income

10.6% YoY

2022

2,488,537

Labor Force

1.2% MoM

1.8% YoY

8/2024

2,403,609

Employed

0.8% MoM

2.4% YoY

8/2024

3.4%

Unemployment Rate

10.5% MoM

15% YoY

8/2024

$505,000

Median Sale Price

1.0% MoM

1.0% YoY

8/2024

3,632

Homes Sold

9.0% MoM

5.9% YoY

8/2024

3.3

Months Inventory

11.7% MoM

43.7% YoY

8/2024

53

Days on Market

3 MoM

13 YoY

8/2024

11,938

Listings

0.6% MoM

35.9% YoY

8/2024

98.2%

Sale Price to List Price

0.2% MoM

0.5% YoY

8/2024

Go deeper with



Cities included in Maricopa County: Phoenix, Mesa, Chandler, Gilbert, Glendale, Scottsdale, Peoria, Tempe, Surprise, Goodyear, Buckeye, Avondale, Queen Creek, Sun City, El Mirage, Sun City West, Fountain Hills, Anthem, New River, Sun Lakes, Paradise Valley, Wickenburg, Tolleson, Youngtown, Litchfield Park, Citrus Park, Guadalupe, Cave Creek, Carefree, Rio Verde, Gila Bend, Komatke, Gila Crossing, Wittmann, Circle City, Maricopa Colony, Aguila, Morristown, Arlington, Wintersburg, Theba, Kaka, Tonopah


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

Share This