Courtesy of The Cromford Report, April 20th, 2015:

The chart below shows great activity with the Phoenix Metro area’s real estate market.  All the green areas indicate positive momentum, with an over all market index of 127.5.  The median price is up, average price is up, and the only negative is the average sale price as a percentage of list price is down a tad.  Sellers are tending to me more aggressive in this seller’s market, meaning pricing fairly “high,”  and so the ultimate sales price compared to list is down, although almost immeasurably so.  Here is the chart, and I welcome a phone call or email requesting more information and how this all pertains to you!