Market Reports

The Greater Phoenix housing market opened 2026 with a median sales price of $444,740, 24,358 active listings, and 11,339 new listings flooding back after the holiday pause. With 5.17 months of supply and under-contract activity up 36.76% from December, January’s data points to a market in recalibration — not retreat. Full ARMLS analysis inside.

The Phoenix housing market closed 2025 with strength: median price holds at $450,000 while absorption rate surges to 28.75%—the highest in over a year. Sales jumped 14% year-over-year as supply tightened to 3.48 months. Get the full December 2025 data analysis for buyers, sellers, and investors.

Quick Guide to November 2025 Phoenix Housing Report Add a header to begin generating the table of contents The Phoenix housing market in November 2025 continues its measured transition toward equilibrium, marked by stable prices, elevated inventory, and a notable uptick in pending sales activity. Building on the patterns established throughout 2025, Greater Phoenix real

Quick Guide to October 2025 Phoenix Housing Report Add a header to begin generating the table of contents The Phoenix housing market in October 2025 continues its shift toward equilibrium, characterized by steady prices, abundant inventory, and moderate sales activity. After the frenzied seller’s market of 2021-2022, Greater Phoenix has settled into balanced conditions where

Quick Guide to September 2025 Phoenix Housing Report Add a header to begin generating the table of contents The Phoenix housing market in September 2025 continues to show balanced conditions with stable to slightly rising home prices and significantly higher inventory than a year ago. After several years of extreme seller’s market conditions, Greater Phoenix

Quick Guide to August 2025 Phoenix Housing Report Add a header to begin generating the table of contents The Phoenix housing market in August 2025 shows clear signs of stabilization after years of extreme seller dominance. Home prices held steady year-over-year while inventory expanded dramatically, creating the most balanced market conditions Phoenix has seen since

Quick Guide to July 2025 Phoenix Housing Report Add a header to begin generating the table of contents 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

Quick Guide to June 2025 Phoenix Housing Report Add a header to begin generating the table of contents 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,

Quick Guide to May 2025 Phoenix Housing Report Add a header to begin generating the table of contents 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.