The Phoenix lander operated on the surface of Mars for circa 5 months in 2008. One of its scientific instruments is an atmospheric pressure sensor called MET-P. We perform a comprehensive study to identify all error sources affecting the data measured by MET-P and to generate methods for compensating these errors. Our results show that MET-P performed much better than was reported immediately after the mission (Taylor et al., 2010). The error limits of the original calibrated Phoenix pressure data currently available in NASA's Planetary Data System (Dickinson, 2008) are from −5.3 Pa to +3.5 Pa. Further, almost no temperature-dependent error exists in the original calibrated MET-P data. However, we identify a previously unknown error source, temperature hysteresis, which causes minor peaks in the measured pressure curve (<0.4 Pa). The electronic supplementary material of this article contains a version of the Phoenix pressure data generated by applying all the error compensations developed in this study (Online Resource 1). The study is based on the re-analysis of the original test data of MET-P, the analysis of the engineering data measured during the mission on Mars and during the interplanetary cruise, and laboratory tests with the Reference Model of the MET-P sensor. Temperature dependent errors are evaluated by comparing the readings of two sensor heads with different sensitivities, measuring the same quantity. The principle of this method is applicable also for other types of instruments.