Here is a rundown of the key stats in the Phoenix real estate market for September 2015 (we only look at single family home sales): There is 3 months of inventory in Phoenix as a whole. However, the million dollar plus club is currently running with 19.88 months of inventory. The median home price that sold in Phoenix in September was $214,000; up from $213,000 in August. A total of 1,345 home Continue Reading