The number of homes for sale has gone up for 4 straight weeks and the average home price is up 24% from last year. Is demand finally cooling off a bit? Let’s get into it and take a closer look at the #Phoenix #Arizona #RealEstate #HousingMarket. There are 5,174 Homes for Sale 29,541 Homes Sold over the Past 90 Days The Inventory Absorption Rate is 15.76 Days The Average Days on Market is 32 The List to Sales Price Ratio is 101.3% The Average Home Value is $487,640 The Value 1