Market Statistics Report for September 3, 2025
Market Dashboard – Dashboard Cromford Index
This Dashboard provides a comprehensive summary of the current state of the overall residential resale market.
All the statistics shown are for the entire Arizona Regional area as defined by ARMLS. All residential resale transactions
recorded by ARMLS are included. Geographically, this includes Maricopa County, a large part of Pinal County and a small
part of Yavapai county. In addition, "out of area" listings recorded on ARMLS are included, although these usually
constitute a very small percentage of total sales and have very little effect on the data.
All dwelling types are included. For-sale-by-owner, auctions and other non-MLS transactions are not included. Land,
commercial units, and multiple dwelling units are also excluded.
City Ranking – Snapshot
This table ranks the cities by their annual average sales price per square foot. Only single family detached homes are
included in these numbers. Information for the large and secondary cities is current as of the date shown. Data for the
11 small cities is updated on a monthly basis, and is measured on the 13th of each month.The primary function of this
table is to show the least and most affordable areas in the Phoenix metropolitan area together with longer term pricing
trends.Annual averages are based on a relatively large number of sales. Therefore they are not as subject to rapid
change as monthly averages. The downside is that they do not necessarily represent the current market very
accurately, since they include sales from up to a year ago. Pricing may have moved a great deal since then.
Cromford Market Index
Aug 28 - Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest
cities.
Aug 28 - Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest
cities.
Cromford Market Index Commentary
The trend which started 6 weeks ago is still going as supply continues to fall and demand rises. The average monthly change in
CMI is 9.4%, which is a tiny improvement over 9.3% last week.
15 cities improved for sellers with only 2 improving for buyers (Maricopa and Tempe). Fountain Hills, Cave Creek and Scottsdale
are the big movers over the last month while Paradise Valley is slowing down.
Avondale, Gilbert, Chandler, Peoria and Surprise are all up over 10%.
We have 6 cities that are seller's markets, 4 that are balanced and 7 that are buyer's markets.
Extended Market Snapshot
The trend which started 6 weeks ago is still going as supply continues to fall and demand rises. The average monthly change in
CMI is 9.4%, which is a tiny improvement over 9.3% last week.
15 cities improved for sellers with only 2 improving for buyers (Maricopa and Tempe). Fountain Hills, Cave Creek and Scottsdale
are the big movers over the last month while Paradise Valley is slowing down.
Avondale, Gilbert, Chandler, Peoria and Surprise are all up over 10%.
We have 6 cities that are seller's markets, 4 that are balanced and 7 that are buyer's markets.
Extended Market Snapshot
