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

64,300

Jobs Created
3.1%

$63,869

Median Household Income
3.8%

30,499

Total Housing Permits
-1%

557

Total Number of Projects
-6.2%

$346,690

SFD New Home List Price
6.3%

4,763

New Home Sales
-7.3%
Monthly

Market Health

Phoenix s population is 4.7M, with a total workforce of 2.1M. The labor market grew by 64,300 jobs over the past year, up by 3.1%. The median household income in Phoenix is $63,869, 3.8% higher than last year and 4.1% above the national average of $61,372. In the housing market, total permits issued totaled 30,499 over the last twelve months, down 1.0% year-over-year. Phoenix has 557 active new home projects on the market, 6.2% fewer than the 594 from last year. The average list price in the market is $346,690, 6.3% higher than last year and 14.5% above the national average. Over the last three months, new home contracts decreased by 7.3% to 4,763. Phoenix and Mesa 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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