Market Reports

Phoenix’s housing market continued to normalize in July 2025. Data from the ARMLS STAT report – which tracks sales, listings, and pricing across the metro area – show that activity cooled from the frenzied post-pandemic peaks but remains healthier than a year ago. Nationally, the U.S. market is also rebalancing: July median list prices were […]

The Phoenix housing market in June 2025 has decisively shifted from a seller’s to a buyer’s market, a significant change from the highly competitive conditions of recent years. This transition is marked by a substantial increase in housing inventory, providing buyers with more choices and greater negotiating power. “While overall median home prices have seen modest year-over-year

The Phoenix‑metro housing market has entered a new phase. After two years of frothy appreciation and bidding wars, May 2025 data from the Arizona Regional Multiple Listing Service (ARMLS) shows that supply has climbed and pricing has flattened. By early July, we’re seeing buyer leverage grow, an uptick in closed transactions and signs that the market