GITNUX MARKETDATA REPORT 2024

Arizona Real Estate Market Statistics [Fresh Research]

Statistic 1

"Arizona’s median home price increased by 18.2% in 2021 compared to 2020."

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Statistic 2

"The average days on market for a home in Tucson, AZ, was 24 days in December 2021."

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Statistic 3

"In 2021, there was a 12.5% decrease in single-family home sales in Tempe, AZ, compared to 2020."

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Statistic 4

"The median rental price in Arizona was approximately $1,653 per month in 2022."

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Statistic 5

"Single-family home permits in Arizona increased by 18.9% in 2021 compared to the previous year."

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Statistic 6

"In December 2021, the number of active residential listings in Phoenix, AZ, was down 26.4% compared to December 2020."

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Statistic 7

"The homeownership rate in Arizona was approximately 63.6% in 2020."

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Statistic 8

"In Peoria, AZ, the median listing price per square foot was $246 in January 2022."

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Statistic 9

"Yuma, AZ, saw an 8.5% increase in median home prices during the first quarter of 2021."

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Statistic 10

"In 2021, around 67% of Glendale, AZ, residents lived in single-family homes."

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Statistic 11

"Flagstaff, AZ, had a median home value of $521,321 in 2022."

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Statistic 12

"About 76% of homes in Surprise, AZ, were considered affordable for the median income earner in 2021."

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