We’re home to year-round sun, hot desert temps, and snowbirds living in suburban settings in the Valley of the Sun.

Office Location

8700 Via De Ventura, Suite 205
Scottsdale, AZ 85258

58,300

Jobs Created
2.8%

$63,724

Median Household Income
3.6%

32,542

Total Housing Permits
.1%

555

Total Number of Projects
-1.8%

$347,887

SFD New Home List Price
5.8%

0

New Home Sales
16.0%
Monthly

Market Health

Phoenix s population is 4.9M, with a total workforce of 2.1M. The labor market grew by 58,300 jobs over the past year, up by 2.8%. The median household income in Phoenix is $63,724, 3.6% higher than last year and 3.8% above the national average of $61,372.
In the housing market, total permits issued totaled 32,542 over the last twelve months, up 0.1% year-over-year. Phoenix has 555 active new home projects on the market, 1.8% fewer than the 565 from last year. The average list price in the market is $347,887, 5.8% higher than last year and 11.2% above the national average. Over the last three months, new home contracts increased by 16.0% to 5,723. Phoenix and Buckeye had the highest concentration of the new home contracts in the Phoenix market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Steve LaTerra

Managing Director

Steve LaTerra

Managing Director


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