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

75,500

Jobs Created
3.7%

$60,290

Median Household Income
3.8%

32,026

Total Housing Permits
8.2%

541

Total Number of Projects
-6.4%

$342,539

SFD New Home List Price
4.9%

4,645

New Home Sales
1.4%
Monthly

Market Health

Phoenix's population is 4.7M, with a total workforce of 2.0M. The labor market grew by 75,500 jobs over the past year, up by 3.7%. The median household income in Phoenix is $60,290, 3.8% higher than last year and 1.8% below the national average of $61,372. In the housing market, total permits issued totaled 32,026 over the last twelve months, up 8.2% year-over-year.

Phoenix has 541 active new home projects on the market, 6.4% fewer than the 578 from last year. The average list price in the market is $342,539, 4.9% higher than last year and 7.0% above the national average. Over the last three months, new home contracts increased by 1.4% to 4,645. Phoenix and Mesa had the highest concentration of the new home contracts in the Phoenix market.

Our Experts

Work with leaders in the industry.

Rick Baldonado

Vice President Sales, West

Rick Baldonado

Vice President Sales, West


Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Steve LaTerra

Managing Director

Steve LaTerra

Managing Director


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