Panel vintageSeptember 1, 202653 synthetic assetsDemonstration data — no real listings, no addresses
Parcel
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Submarket panel

The metro median is an average of 15 markets that are not behaving the same way. Tempe South is 2.2% year over year while Buckeye is -3.4%; Tempe South carries 87 standing listings and Buckeye carries 242. Yield follows that spread, not the headline.

The corners of the spread

Tempe South — median ask

$468,000

+2.2% YoY

87 active · rent $2,260

Buckeye — median ask

$366,000

−3.4% YoY

242 active · rent $1,930

Avondale — median ask

$379,000

−2.8% YoY

187 active · rent $1,990

Maryvale — median ask

$341,000

−2.4% YoY

214 active · rent $1,795

Metro context

Metro median asking price

Maricopa County, all residential product, 24 months of asking-side data.

Active inventory

Active single-family and small multifamily listings at month end. Up 9.4% year over year.

All 15 submarkets

Median asking price, asking rent and standing inventory are submarket-wide. The cap-rate column is the median of the panel rows that sit in that submarket, so it is a small sample and it is labelled with its count.

Sorted by median panel cap rate, highest first
SubmarketCityMedian askMedian rentGRMActiveYoYPanel capRows
Glendale CentralGlendale$364,000$1,85516.4158-1.4%5.84%6
AlhambraPhoenix$358,000$1,84016.2166-1.1%5.82%5
West MesaMesa$349,000$1,79016.2205-1.7%5.17%4
MaryvalePhoenix$341,000$1,79515.8214-2.4%4.21%5
South MountainPhoenix$372,000$1,88016.5183-0.8%4.13%3
Peoria SouthPeoria$405,000$2,04016.5129-0.3%3.97%3
SunnyslopePhoenix$396,000$1,93517.11210.4%3.90%3
AvondaleAvondale$379,000$1,99015.9187-2.8%3.70%3
LaveenPhoenix$418,000$2,08516.7196-1.9%3.65%4
BuckeyeBuckeye$366,000$1,93015.8242-3.4%3.62%3
Deer ValleyPhoenix$452,000$2,18017.31430.9%3.60%3
East MesaMesa$389,000$1,97016.5231-2.1%3.52%3
Chandler WestChandler$486,000$2,31017.51121.1%3.30%3
Tempe SouthTempe$468,000$2,26017.3872.2%3.28%2
EncantoPhoenix$512,000$2,34018.2981.6%2.98%3

Submarket figures are synthetic demonstration data, internally consistent but not live MLS. Panel cap rates are estimates at the baseline assumption set. Not investment advice.