Here are February 2020 Phoenix AZ Housing Market Update for Single Family Home and statistics. Be sure to Contact Us, 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 provided by the FlexMLS system.
- New Listings had decreased about 6.2% compare to February 2019
- February 2020 average sold price for single family home in Phoenix AZ was $350,694, that is about 7.1% increased from a year ago
- Phoenix single family homes median sold price in February 2020 was $295,000, which had appreciate about 10.4% from February 2019
- Almost all of single family homes sold in Phoenix AZ in February 2020 are regular sale
- Most expensive homes sold in Phoenix AZ in February 2020 was sold for $2,950,000
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Number of Homes Sold in Phoenix AZ in February 2020
Based on February 2020 statistic, we saw 1,238 single family homes sold in Phoenix AZ compare to 1,108 of last February. That is about 11.7% increased of single family home sold in Phoenix compare to a year ago.
In February 2020, we saw 63 days on Market (DOM), compare to 69 in February 2019. It took average about 63 days to sell your home in Phoenix in February 2020.

Median Sold Price for Single Family Homes Sold in February 2020
The median sold price for single family home in Phoenix AZ sold in February 2020 was $295,000. Compare to last year, median sold price in February 2019 was $267,250. The median sold price for single family home in Phoenix has increased about 10.4% from a year ago.
Click here to view Homes for Sale Under $280,000 in Phoenix AZ
2020 February Average Sold Price of Single Family Homes Sold in Phoenix AZ
February 2020 average sold price for single family home in Phoenix AZ was $350,694. Compare to last year February at $327,313, the average sold price has increased about 7.1% from a year ago.
Click here to view Homes for Sale Under $325,000 in Phoenix AZ
There are 14 million dollar listings homes sold in February 2020.
2020 February Average Sold Price Per SQFT
The average sold price per square feet for single family home in February 2020 was $185.00 per square feet.
Click here to view Homes for Sale in Phoenix Under $150 per square feet