2025 August Phoenix AZ Housing Market Update
đ August 2025 Phoenix AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are 2025 August Phoenix AZ Housing Market Update for single family home, statistics and house value. Be sure to contact Swee Ng RealtorÂź, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ as 9/5/2025, provided by the FlexMLS system.
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- 2025 August Phoenix AZ number of new listings homes for sale has decreased about 9.4% from August 2024
- August 2025 average sold price for single family home in Phoenix AZ is $607,161, that is about 2.1% decreased from a year ago
- Phoenix single family homes median sold price in August 2025 is $471,900, which is had decreased about 1.5% from August 2024
- About all of single family homes sold in Phoenix AZ in August 2025 are traditional sale (not foreclosures or short sales)
- Most expensive homes sold in Phoenix AZ in August 2025 is sold for $5,175,000
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Number of Homes Sold in Phoenix AZ in August 2025
Based on 2025 August Phoenix housing market statistic, we saw 813 single family homes sold in Phoenix AZ compare to 725 of last August. That is about 12.1% increased number of single family home sold in Phoenix compare to a year ago.
Phoenix AZ August 2025 Days on Market
In August 2025, we saw 69 days on market (DOM), compare to 58 in last August. It took average about 69 days to sell your home in Phoenix in August 2025.
Phoenix AZ August 2025 Median Sold Price
The median sold price for single family home in Phoenix AZ sold in August 2025 was $471,900. Compare to last year, median sold price in August 2024 was also $479,000. The median sold price for single family home in Phoenix had decreased about 1.5% from a year ago.
Click here to view Homes for Sale Under $450,000 in Phoenix AZ
2025 August Average Sold Price in Phoenix AZ
August 2025 average sold price for single family home in Phoenix AZ was $607,161. Compare to last year August at $620,420, the average sold price had decreased about 2.1%Â from August 2024.
Click here to view Homes for Sale Under $600,000 in Phoenix AZ
There are 81 million dollar listings homes sold in August 2025.
2025 August Average Sold Price Per SQFT
The average sold price per square feet for single family home in August 2025 was $294.00 per square feet, compare to $310.00 per square feet a year ago.
Click here to view Homes for Sale in Phoenix Under $200 per square feet
Most Expensive Home Sold in Phoenix in August 2025
The most expensive home sold in the Phoenix in August 2025 was located in prestigious Biltmore area in Phoenix zip code 85016, sold for $5,175,000. The 7,540 square feet property sits on about 59,104 square feet lot in gated community features 6 bedrooms, 6.5 bathrooms and 3-car garage.
[su_box title=”đĄ Did You Know?” box_color=”#cc181e” radius=”2″]A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?[/su_box]
Experienced and informed buyers understand that even in a growing market, increased inventory doesnât always mean more options. A competitive housing market can limit choicesâespecially depending on the zip code and price range. Thatâs why itâs crucial for buyers to stay well-informed about the specific area theyâre targeting. Local market knowledge gives you the best chance of submitting a strong, competitive offer.
It’s important to consult with a real estate professional to understand how current market trends affect the specific neighborhood where you’re considering buying or selling. Broad, blended statistics may not accurately reflect what’s happening in your area. A detailed, local market report can provide the clarity you need to make confident decisions.
Now is a great time to explore the Phoenix market. There is a healthy selection of available homes, and working with a knowledgeable agent who understands local trends is essential. Interest rates remain favorable, but waiting too long could cost you. Well-priced homes are starting to sell within days of hitting the market, so it pays to be ready.
Contact or call me at (480) 721-6253 if youâre interested in knowing what your Phoenix home is worth in todayâs real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.
Wondering How Much I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Selling Your Home in Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at todayâs market.
New Listing in Last 24 Hours Phoenix AZ
Just Reduced Price Homes for Sale Phoenix AZ
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