4-week rolling average · Data through March 12, 2026 · ZIP 85018
Camelback East is running warm with a market temperature score of 73, and the median sale price of $1,925,000 sits notably above the median list price of $1,150,000, signaling strong buyer demand and competitive bidding in the upper price tiers. Active inventory stands at 423 homes with a median days on market of 30, suggesting a relatively balanced but seller-leaning environment. At $638.16 per square foot, this is a premium Phoenix submarket attracting serious capital.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $243K | $1K/mo |
| 2BR | $365K | $2K/mo |
| 3BR | $925K | $3K/mo |
| 4BR | $1.93M | $7K/mo |
| 5BR | $2.80M | $9K/mo |
| 6BR | $4.70M | — |
| 7BR | $4.70M | — |
| 8BR | $2.00M | — |
With median sale prices reaching $1,925,000 and homes moving in a median of 30 days, sellers in Camelback East are in a strong position to command top dollar. The gap between list and sale price suggests buyers are willing to stretch beyond asking, making proper pricing strategy critical to maximizing your outcome.
Buyers should be prepared for a competitive market where final sale prices have been landing well above list prices, as evidenced by the $775,000 spread between the median list price of $1,150,000 and the median sale price of $1,925,000. With 423 active listings available, there is some selection to work with, but acting decisively and coming in with a strong offer is essential in this warm market.
The rental market in Camelback East shows 479 rental units available, with a median rent of $1,499, though the high median sale price of $1,925,000 creates a significant gap that pressures traditional buy and hold cash flow strategies. Investors targeting larger properties may find more opportunity given that 4 bedroom rentals are commanding $7,250 per month and 5 bedroom rentals are reaching $8,900 per month.
The current 30 year mortgage rate of 6.00% and 15 year rate of 5.43% remain meaningful cost factors on a $1,925,000 median priced home, where even small rate movements translate to hundreds of dollars in monthly payment differences. Buyers who can qualify for the 15 year term at 5.43% will see meaningfully lower interest costs over the life of the loan, which is worth running the numbers on for high net worth purchasers in this market.
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Market intelligence by FarmPosts