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Real estate in Phoenix’s Governmental Mall neighborhood.

Compare top Governmental Mall real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Governmental Mall real estate Market Report.

Information and statistics on the latest trends in the Governmental Mall real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$342K
-3.6% from Q1 '26
Median list price
$456K
-4.4% from Q1 '26
Active listings
25
+4.2% from Q1 '26
Homes sold
6
+500% from Q1 '26
New pendings
9
+29% from Q1 '26
New listings
10
-38% from Q1 '26

Quarterly Pricing Trends for Governmental Mall

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Governmental Mall Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $334K Median sale price in Jul 2021 - Sep 2021: $427K Median sale price in Oct 2021 - Dec 2021: $290K Median sale price in Jan 2022 - Mar 2022: $403K Median sale price in Apr 2022 - Jun 2022: $533K Median sale price in Jul 2022 - Sep 2022: $318K Median sale price in Oct 2022 - Dec 2022: $654K Median sale price in Jan 2023 - Mar 2023: $414K Median sale price in Apr 2023 - Jun 2023: $713K Median sale price in Jul 2023 - Sep 2023: $393K Median sale price in Oct 2023 - Dec 2023: $345K Median sale price in Jan 2024 - Mar 2024: $390K Median sale price in Apr 2024 - Jun 2024: $450K Median sale price in Jul 2024 - Sep 2024: $495K Median sale price in Oct 2024 - Dec 2024: $385K Median sale price in Jan 2025 - Mar 2025: $330K Median sale price in Apr 2025 - Jun 2025: $410K Median sale price in Jul 2025 - Sep 2025: $445K Median sale price in Oct 2025 - Dec 2025: $315K Median sale price in Jan 2026 - Mar 2026: $355K Median list price in Apr 2021 - Jun 2021: $500K Median list price in Jul 2021 - Sep 2021: $393K Median list price in Oct 2021 - Dec 2021: $345K Median list price in Jan 2022 - Mar 2022: $350K Median list price in Apr 2022 - Jun 2022: $465K Median list price in Jul 2022 - Sep 2022: $625K Median list price in Oct 2022 - Dec 2022: $599K Median list price in Jan 2023 - Mar 2023: $499K Median list price in Apr 2023 - Jun 2023: $390K Median list price in Jul 2023 - Sep 2023: $270K Median list price in Oct 2023 - Dec 2023: $449K Median list price in Jan 2024 - Mar 2024: $550K Median list price in Apr 2024 - Jun 2024: $412K Median list price in Jul 2024 - Sep 2024: $738K Median list price in Oct 2024 - Dec 2024: $446K Median list price in Jan 2025 - Mar 2025: $420K Median list price in Apr 2025 - Jun 2025: $599K Median list price in Jul 2025 - Sep 2025: $422K Median list price in Oct 2025 - Dec 2025: $600K Median list price in Jan 2026 - Mar 2026: $477K Apr 2021 - Jun 2021 Median sale price $334K Median list price $500K Jul 2021 - Sep 2021 Median sale price $427K Median list price $393K Oct 2021 - Dec 2021 Median sale price $290K Median list price $345K Jan 2022 - Mar 2022 Median sale price $403K Median list price $350K Apr 2022 - Jun 2022 Median sale price $533K Median list price $465K Jul 2022 - Sep 2022 Median sale price $318K Median list price $625K Oct 2022 - Dec 2022 Median sale price $654K Median list price $599K Jan 2023 - Mar 2023 Median sale price $414K Median list price $499K Apr 2023 - Jun 2023 Median sale price $713K Median list price $390K Jul 2023 - Sep 2023 Median sale price $393K Median list price $270K Oct 2023 - Dec 2023 Median sale price $345K Median list price $449K Jan 2024 - Mar 2024 Median sale price $390K Median list price $550K Apr 2024 - Jun 2024 Median sale price $450K Median list price $412K Jul 2024 - Sep 2024 Median sale price $495K Median list price $738K Oct 2024 - Dec 2024 Median sale price $385K Median list price $446K Jan 2025 - Mar 2025 Median sale price $330K Median list price $420K Apr 2025 - Jun 2025 Median sale price $410K Median list price $599K Jul 2025 - Sep 2025 Median sale price $445K Median list price $422K Oct 2025 - Dec 2025 Median sale price $315K Median list price $600K Jan 2026 - Mar 2026 Median sale price $355K Median list price $477K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
28
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Governmental Mall currently leans toward sellers, with the market gauge reading at 28. Months of supply is elevated at 7.4, well above the 3.8 months seen across Phoenix. A higher supply figure points to more options for buyers even in a seller-tilted environment.

Prices have been under pressure in this rolling three-month view. The typical home value is down more than 10 percent year over year, and median list prices are also lower compared with a year ago. At the same time, active listings have climbed sharply over the past year, while homes sold have increased by more than half, signaling more movement despite softer pricing.

Speed and negotiation dynamics show a mixed picture. Homes are taking a median of 38 days to go under contract, and only about 44 percent are off the market within two weeks, which is slower than the fastest periods in recent years. Sellers are conceding on price as well, with an average sale-to-list ratio around 94 percent and no recent sales closing above list price. These conditions give buyers more room to negotiate while still rewarding sellers who price strategically, and Agent Pronto can help both buyers and sellers connect with an agent who understands how to navigate this shifting Governmental Mall market.



Learn more about what Governmental Mall has to offer.

Governmental Mall offers residents a lively, walkable neighborhood with convenient amenities, green spaces, and a strong sense of community that makes everyday life easier and more enjoyable.

Governmental Mall in Phoenix feels distinct from nearby residential districts because daily life unfolds beside the seat of state government and major civic landmarks. Rather than quiet cul‑de‑sacs, you get broad lawns, historic buildings, and quick access to downtown employers and cultural destinations.

Anchored by the Arizona State Capitol Museum and the landscaped core of the Wesley Bolin Memorial Plaza, the area has a strong sense of public life. Residents and workers often walk to nearby institutions like Phoenix Memorial Center for the Arts and enjoy easy access to events throughout Downtown Phoenix. A short trip connects you with the Roosevelt Row Arts District, professional sports venues, and major employers, which appeals to buyers who value a short commute and urban amenities.

Parks and gathering spots such as Hance Park and the Phoenix Public Library main branch broaden the neighborhood’s lifestyle options, while nearby Encanto and Capitol Mall offer additional housing and dining choices. Light rail connections and surface streets make it practical to live car optional and still reach Phoenix Sky Harbor International Airport or Midtown Phoenix with ease.

Because Governmental Mall includes a mix of established properties and evolving redevelopment sites, timing and preparation are crucial. Whether you are buying into this civic corridor or selling a home nearby, Agent Pronto can connect you with a local real estate agent who understands the nuances of this unique market and can help you move at the right moment.

Find your Governmental Mall real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We would highly recommend Mike & Sally Liddicoat to sell your home. They managed this rental property sale in Arizona while we lived in Arvada CO. They went above and beyond to recommend a landscaper to pull weeds so we could stay compliant with HOA rules. If they had not stayed on top of every piece of the process we would still be waiting to close. The buyers agent, lender and Title Company were subpar but Mike & Sally's expertise was truly a blessing.”

Ray & Jody Fluken · Buckeye, AZ

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The Peak Performance Team at ProSmart Realty
“Quite professional and on top of whole process.”

Belinda Collingwood · Scottsdale, AZ

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eXp Realty
“Christy Rodìcks was very professional and forthcoming with information I needed to determine decisions that had to be made during the process of selling my home. She always communicated promptly with me clearly and factually. Thank you Chrissy for guiding me through this stressful process.”

Craig · Mesa, AZ

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RE/MAX Solutions
“Very good service and communication”

Adam J. · Phoenix, AZ

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DeLex Realty
“I hope all of Agent Pronto's realtors are half as good as Ken Boltz. He was my partner in finding and purchasing my home and a wonderful advocate on my behalf. In almost no time at all, he demonstrated how well he understood my needs and preferences in my next home, he referred me to an excellent loan originator and stayed on top of every aspect of the purchase through to completion. Buying a home is a stressful experience for almost everyone, but with Ken handling the purchase, I had minimal stress, if any. Easily the best home buying experience of my life.”

Janet W. · Mesa, AZ

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RE/MAX Premier
“Adam Prather and his team were great, thank you!”

Paul P. · Mesa, AZ

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eXp Realty
“Julie was absolutely wonderful. She was always pleasant, very knowledgeable and I actually enjoyed working with her because she was so thoughtful and kept me informed during the entire process. This is the 4th home I have sold in my life, all four in Arizona, and Julie was the best agent I have ever worked with. She was always available, always ready to do whatever I asked of her, and she kept me very well informed as to what was going on. She was definitely my advocate and was very honest as to what was happening, and what she was doing about it and I appreciated that through the whole process. I also feel she worked hard to get me the best results possible as far as the income from selling my home. I would recommend her to everyone selling their home if they want some who is honest, always available, and a strong advocate for the best price for the sale of their home.”

Sandra O. · Sun City, AZ

Photo of Julie Goodwin
Delex Realty
“Josiah was on top of every situation that came up and made sure I knew and understood every aspect. He was extremely helpful negotiating the price, help with the inspections especially, and overall Knowledge of every intricate part of the process.... From Beginning to the End. Josiah is an All Around Great Guy and is easy to communicate with. He took all of my questions and concerns and helped me with every one of them. I am a first time buyer and had no clue what I was doing. Josiah was very knowledgeable. He was very respectful of my questions and concerns. Josiah made the process very easy and manageable. I have and will continue to recommend Engel & Volkers Gilbert to anyone and everyone who is interested in purchasing a home. Especially will recommend Josiah Krol to Represent them as their Real Estate Agent. Thank you so much for everything. I am so excited to be in my little property/home. It is bright and shiny and there is much peace out here in the country.”

Wendy Danley · Florence, AZ

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eXp Realty
“Justin White was a great agent! Highly recommend working with him to anyone who wants to have a great home buying experience. ”

Randy A. · Phoenix, AZ

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HomeSmart
“We were connected to Glenn Loper who was extremely helpful and resourceful. Very helpful in our relocating from out of state.”

Carol A. · Scottsdale, AZ

Photo of Glenn Loper
HomeSmart Elite
“Good service, pleasant to work with!”

Christina L H. · Wittmann, AZ

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eXp Realty
“Very efficient and very friendly.”

Hester W. · Phoenix, AZ

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W and Partners
“The agent you connected me with, Alisha Wade, was a perfect match! She was wonderful to work with, returned all my calls and really made the process easy! I will recommend Alisha Wade to anyone who wants to buy or sell in this area. And I want to thank Agent Pronto for connecting us. You all are fabulous!”

Patty H. · Black Canyon City, AZ

Photo of Alisha Wade
HomeSmart
“Leslie helped us purchase a home in Phoenix sight-unseen. The house exceeded our expectations and worked out perfectly for us. When the time came to sell the property, Leslie priced and listed our home and sold it in less than 30 days. We were fortunate to have used Leslie Gunnell as our Realtor.”

Colleen Foreman · Billings, MT

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Governmental Mall. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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