Median Price Hits $500K in Phoenix

Phoenix sold 792 single-family homes in September 2025, up ≈ 4.1% year-over-year.
Median sold price in Phoenix was $500,000, up ~2% from September 2024.
Average sold price in Phoenix was about $637,489, roughly a 4.3% year-over-year gain.
Homes in Phoenix took 78 days on market in September 2025, compared to 62 days last year.
Statewide Arizona median home price ~ $404,990 (12-month trend), with 112,342 residential properties sold over past year.