Housing Inventory: Median Listing Price in Arizona
MEDLISPRIAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
487,450.00
Year-over-Year Change
-2.39%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Median Listing Price in Arizona trend measures the typical asking price for homes listed for sale in the state. This metric provides insight into the state's real estate market and housing affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Median Listing Price in Arizona is a key indicator of housing market conditions. It represents the midpoint price of homes currently listed for sale, offering a real-time gauge of buyer demand and seller pricing power.
Methodology
This data is collected and calculated by real estate research firms through analysis of listings on major home sales platforms.
Historical Context
Economists and policymakers monitor this trend to assess housing affordability and identify potential imbalances in local real estate markets.
Key Facts
- Arizona's median listing price reached a record high in 2022.
- Home prices have risen over 50% in the state since 2019.
- The state's inventory of homes for sale remains historically low.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: Median Listing Price in Arizona measures the typical asking price for homes currently listed for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing affordability and demand conditions in Arizona's real estate market, which is crucial information for homebuyers, sellers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate research firms through analysis of home listings on major real estate platforms.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess housing affordability and identify potential imbalances in local real estate markets, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing a timely snapshot of current market conditions.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Arizona (MEDLISPRIAZ), retrieved from FRED.