Phoenix, AZ (Metro) - Trend of Percent of Homes Sold Below List (Smooth) for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Percent of homes sold below list (Smooth) for All Homes in the Phoenix, AZ Metro in January 2026 was 0.656%.

The chart and table below shows the trend of the percent of homes sold below list (smooth) for all homes in the Phoenix, AZ metro.

You can see similar information for other US metros, and for the United States.

Note: Percent of Sales Below List (Smooth) is the share of sales where the sale price was below the final list price. It excludes homes sold for exactly the list price.

Related Topics: Phoenix, AZ (Metro) - Zillow House Inventory Topic List

Data Source: Zillow.

Phoenix, AZ (Metro) - Trend of Percent of Homes Sold Below List (Smooth) for All Homes

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Month	Percent of Homes Sold Below List (%)
March 2018	0.6337782572478399
April 2018	0.6015238536313099
May 2018	0.5858882474754746
June 2018	0.5799781182737321
July 2018	0.5798084220967764
August 2018	0.583700180298566
September 2018	0.5802062651234238
October 2018	0.581868631301919
November 2018	0.5856076519578592
December 2018	0.5978180917449146
January 2019	0.6191538145645084
February 2019	0.6195112282053107
March 2019	0.6113637418384602
April 2019	0.5928877478247888
May 2019	0.5776565175071111
June 2019	0.5670121942255936
July 2019	0.5572295697591932
August 2019	0.5546589889247228
September 2019	0.5494055834802891
October 2019	0.5457345028242274
November 2019	0.5429741489999772
December 2019	0.5455247933178548
January 2020	0.5580093982369642
February 2020	0.5548259322505876
March 2020	0.5315891663356942
April 2020	0.4889470664845909
May 2020	0.47739351762459475
June 2020	0.47474646969649065
July 2020	0.47019755120498724
August 2020	0.4350823972323132
September 2020	0.4023339305588694
October 2020	0.38131131712009214
November 2020	0.3715832154008916
December 2020	0.3753619262923526
January 2021	0.381735034115529
February 2021	0.3691150358898529
March 2021	0.3237859862390096
April 2021	0.26313611823607724
May 2021	0.21860210644029396
June 2021	0.1964600039933632
July 2021	0.19623022920098568
August 2021	0.21381128377080005
September 2021	0.2403536462404603
October 2021	0.2682784573370441
November 2021	0.2903080522218167
December 2021	0.31083940835674856
January 2022	0.3273939706780287
February 2022	0.3186162128584446
March 2022	0.284800618957377
April 2022	0.2412135263960232
May 2022	0.22097872557577167
June 2022	0.2452377865653259
July 2022	0.32140751488645036
August 2022	0.4362576127148378
September 2022	0.5410821863876988
October 2022	0.6097229757181433
November 2022	0.6466276021473725
December 2022	0.6769553981087899
January 2023	0.6930344369423199
February 2023	0.6872362310620735
March 2023	0.6585879084187728
April 2023	0.6216759361328065
May 2023	0.5793079946597975
June 2023	0.542763936727542
July 2023	0.5163087657490167
August 2023	0.5090040977241918
September 2023	0.5126519267127141
October 2023	0.5188991593335731
November 2023	0.543279062896829
December 2023	0.5726580189731044
January 2024	0.6062642996425455
February 2024	0.6021472673742986
March 2024	0.5849114141532005
April 2024	0.564235690616383
May 2024	0.5588709090309995
June 2024	0.5592814326190574
July 2024	0.5576081526567116
August 2024	0.5648390714834611
September 2024	0.5686323802106906
October 2024	0.5748573622162724
November 2024	0.5796969292561491
December 2024	0.600062442975797
January 2025	0.6246326787439652
February 2025	0.6286201230026235
March 2025	0.6180412565315518
April 2025	0.5982651834788993
May 2025	0.5970635327829492
June 2025	0.6045246114570516
July 2025	0.6202540473615361
August 2025	0.6351314685028683
September 2025	0.6437188084152555
October 2025	0.6425781016142993
November 2025	0.640599671484946
December 2025	0.64244181964862
January 2026	0.6562973318229995