Housing Inventory: Median Listing Price Month-Over-Month in Arizona
MEDLISPRIMMAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.02
Year-over-Year Change
-32.89%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price Month-Over-Month in Arizona' trend measures the monthly change in the median home listing price for the state of Arizona. This metric is closely watched by economists and policymakers to gauge the health of the state's housing market.
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
This trend represents the month-over-month percentage change in the median listing price for homes in Arizona. It provides insight into pricing dynamics and supply-demand conditions in the local real estate market, which is a key component of the state's economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings data from real estate platforms.
Historical Context
Monitoring this trend helps policymakers and market analysts understand broader economic and housing market trends in Arizona.
Key Facts
- Arizona home prices have risen 20% over the past year.
- The median listing price in Arizona is now over $400,000.
- Inventory of homes for sale in Arizona remains low.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in the median home listing price for the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into housing market conditions and pricing dynamics in Arizona, which is a key indicator of the state's broader economic health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listings data from real estate platforms.
Q: How is this trend used in economic policy?
A: Monitoring this trend helps policymakers and market analysts understand broader economic and housing market trends in Arizona, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a relatively short delay, providing timely insights into the Arizona housing market.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Month-Over-Month in Arizona (MEDLISPRIMMAZ), retrieved from FRED.