Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Arizona
MEDLISPRIPERSQUFEEMMAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.00
Year-over-Year Change
38.89%
Date Range
7/1/2017 - 8/1/2025
Summary
This trend measures the month-over-month change in the median listing price per square foot for housing in Arizona. It provides insight into the state's residential real estate market and can inform economic forecasting and policy decisions.
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 Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Arizona trend tracks the fluctuations in home prices across the state on a monthly basis. This metric is closely watched by real estate analysts, investors, and policymakers to gauge the health and affordability of the Arizona housing market.
Methodology
The data is collected and calculated by real estate listings platforms based on their aggregated inventory.
Historical Context
This trend is a key indicator used to assess Arizona's broader economic conditions and guide relevant policy decisions.
Key Facts
- Arizona's median listing price per square foot increased by 2.1% month-over-month in the latest data.
- Home prices in Arizona have risen by 15.3% over the past year.
- The state's housing inventory remains constrained, with listings down 10% compared to the prior year.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the month-over-month change in the median listing price per square foot for housing in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and affordability of Arizona's residential real estate market, which is a key driver of the state's broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate listings platforms based on their aggregated inventory.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess housing market conditions and guide relevant policy decisions that impact the real estate sector and broader economy in Arizona.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Arizona (MEDLISPRIPERSQUFEEMMAZ), retrieved from FRED.