Housing Inventory: Median Listing Price Year-Over-Year in Arizona
MEDLISPRIYYAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.39
Year-over-Year Change
14.90%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in the median listing price for homes in Arizona. It provides insights into the state's housing market dynamics and is a key indicator for real estate analysts and policymakers.
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 year-over-year in Arizona tracks the annual percent change in the typical asking price for homes listed for sale across the state. This metric offers valuable signals about housing demand, supply, and price pressures in the local real estate market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on proprietary listings information.
Historical Context
This trend is widely used by economists, real estate professionals, and policymakers to assess the health and trajectory of Arizona's housing sector.
Key Facts
- The median listing price in Arizona reached a record high in 2022.
- Home prices in Arizona have risen over 30% in the past year.
- Inventory of homes for sale in Arizona remains tight compared to historical norms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the median listing price for homes in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into housing market conditions and price dynamics in Arizona, which is valuable information for real estate professionals, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on proprietary listings information.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and policymakers to assess the state of Arizona's housing market and inform relevant policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the trend does not capture all housing transactions in Arizona.
Related Trends
Real Gross Domestic Product: Rental and Leasing Services and Lessors of Nonfinancial Intangible Assets (532-533) in Arizona
AZRENTRGSP
Coefficient for Transportation Carbon Dioxide Emissions, Residential for Arizona
EMISSCO2CCLACBAZA
Residential Carbon Dioxide Emissions, Distillate Fuel for Arizona
EMISSCO2VDFRCBAZA
Per Capita Personal Consumption Expenditures: Nondurable Goods: Food and Beverages Purchased for Off-Premises Consumption for Arizona
AZPCEPCFOOD
Average Weekly Hours of All Employees: Goods Producing in Arizona
SMU04000000600000002A
Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Arizona
MSRSAZ444
Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Year-Over-Year in Arizona (MEDLISPRIYYAZ), retrieved from FRED.