Price band
$800K – $2M
- Active
- 3441
- Median PPSF
- $389
- Median DOM
- 45days
Weekly signal
Last 13 weeks
3441 active listings; median days on market 45 days. The bridge tier: luxury-adjacent entry, broadest active pool.
Median price per sqft · Phoenix metro
The price arc, month by month.
Current
$256
Apr '26
12-month peak
$258
May '25
12-month trough
$252
Aug '25
12-month change
-0.8%
vs May '25
Luxury bands · price per sqft, days on market, closings
Four luxury bands. Four different markets.
Active snapshot · 2026-06-14
Price band
$2M – $5M
- Active
- 922
- Median PPSF
- $676
- Median DOM
- 64days
Weekly signal
Last 13 weeks
922 active listings; median days on market 64 days. The most actively transacting luxury band.
Price band
$5M – $10M
- Active
- 239
- Median PPSF
- $1,005
- Median DOM
- 77days
Weekly signal
Last 13 weeks
239 active listings; median days on market 77 days. Selective inventory; representation-driven, longer time horizons.
Price band
$10M+
- Active
- 68
- Median PPSF
- $1,525
- Median DOM
- 85days
Weekly signal
Last 13 weeks
68 active listings; median days on market 85 days. Ultra-luxury; off-market share is meaningful, so the published count understates true activity.
How we read the market
Three inputs.
- 01
ARMLS recorded transactions
1.84M Valley records · refreshed every 4 hours
The full set of MLS-listed transactions. Source-of-record for headline volume + closed-price stats.
- 02
Public deed filings
County recorder · weekly cross-reference
Captures recorded transactions that didn’t pass through the MLS, including off-market trades, intra-family transfers, and entity-to-entity sales.
- 03
Private RLSIR registry
Off-market trades facilitated by the network
Yong’s and the Russ Lyon Sotheby’s International Realty network’s direct knowledge of pocket trades, club-membership-driven transfers, and pre-MLS introductions.
Weekly cadence reports the supply pulse (new-listing cadence + rolling averages) at metro granularity. Monthly cadence reports the full stat suite: median price-per-sqft, median days-on-market, transaction volume, and inventory tier breakdown. Adjustments are noted inline where applicable.