The number of single-family houses listed for sale in metro Phoenix is similar to 2004 which was right before house prices left Earth’s orbit in the first half of 2005. Oh yeah, and the population of metro Phoenix is about 33% higher today than in 2004.

For U.S. real estate market analysis,
go to Real Estate Decoded.

New Listings

Since August, new single-family listings have been running 5% to 20% higher than in 2019.

For Sale

But despite more houses hitting the market, the number of houses for sale is down 54% from the same week in 2019 because sales are so high.

Under Contract

No signs of cooling off.


No signs of cooling off.

Tell me in the “Comments” what you think.

This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.

Note. This post was written on December 13, 2020 but the graphs will be continually updated.

Comments ⬇️ ⬇️