More Choices, Same Affordability Problem The most interesting part of the August Phoenix housing market was not simply that inventory increased. It was why it increased. Phoenix had 17,707 active listings, 5.2% more than a year earlier, while new listings increased only 0.6%. That means most of the additional inventory was not created by a flood of new … Read more
More Sales, But Buyers Still Set the Price The Phoenix-area housing market improved in July, but the improvement came with an important qualifier: more homes sold, yet most sellers still accepted less than their original asking price. ARMLS reported that July single-family sales increased 3% from a year earlier. At the same time, 75% of homes sold … Read more
The Phoenix housing market in June 2026 continued moving toward a more balanced market. Sales improved modestly, inventory declined from a year earlier, and buyers remained selective about price and condition. The market is active, but buyers are not overlooking overpriced homes simply because inventory is lower. For sellers, pricing matters. For buyers, there is generally more … Read more