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

48,200

Jobs Created
2.3%

$63,571

Median Household Income
3.4%

32,933

Total Housing Permits
2.9%

545

Total Number of Projects
-1.8%

$350,914

SFD New Home List Price
7.1%

0

New Home Sales
28.2%
Monthly

Market Health

Phoenix s population is 4.9M, with a total workforce of 2.1M. The labor market grew by 48,200 jobs over the past year, up by 2.3%. The median household income in Phoenix is $63,571, 3.4% higher than last year and 0.6% above the national average of $63,179.
In the housing market, total permits issued totaled 32,933 over the last twelve months, up 2.9% year-over-year. Phoenix has 545 active new home projects on the market, 1.8% fewer than the 555 from last year. The average list price in the market is $350,914, 7.1% higher than last year and 17.2% above the national average. Over the last three months, new home contracts increased by 28.2% to 5,503. 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


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