Greater Phoenix Housing Market

Updated monthly: newest closed-data posted as it clears
Coverage: Phoenix Metro / Greater Phoenix (regional trends)
How to use this: start with the newest month, then compare prior months

Greater Phoenix Housing Market Updates - Hub Page

Monthly market reports for the Greater Phoenix housing market (also called Phoenix Metro), with buyer vs seller information and trend directions.

This hub aggregates monthly, Greater Phoenix housing market updates with individual reports and local guides linked below.

What each monthly update includes

Median/list prices, months of supply, days on market, sold-to-list ratio, and what changed from last month.

Data preference: ARMLS + RPR + local context (not portal estimates).

Why Phoenix Metro isn’t one market

Interest rate changes don’t hit all price points or areas equally, new construction looks very different in central areas than it does on the outskirts of town, and housing near top-rated schools with easy city commutes are more desirable, so prices are harder to push down.

How to read Phoenix Metro trends without getting fooled

Seasonality: compare month-to-month with the same month last year, not just last month.

Mix shift: a higher share of luxury closings can lift the “median” even if entry-level is soft.

New builds: incentives can hide real price pressure—watch effective price, not just list price.

Micro-markets: Southeast Valley vs West Valley vs Central Phoenix can move in different directions at the same time.

Latest, Greater-Phoenix Blog Posts

Browse trending articles on what's happening in Greater Phoenix.

Living in Downtown Phoenix Guide

Explore Top Phoenix Neighborhoods

Greater Phoenix Market Update FAQ

How often are Greater Phoenix updates published?
Monthly, using the most recently closed, real-estate market data.
What areas count as “Greater Phoenix”?
Phoenix Metro / Valley of the Sun (the major cities and suburbs that share the same housing ecosystem) includes all of Maricopa County and some of Pinal County (San Tan Valley).
Why do Phoenix Metro headlines feel different than my neighborhood?
Because housing market averages can blend very different sub-markets together and inventory and demand can shift in one area while another stays tight.
Can Andrea help me buy or sell anywhere in Greater Phoenix?
Yes! Andrea Scheppe is a Phoenix native and full-time, award-winning REALTOR® who serves Phoenix, Scottsdale, Tempe, Chandler, Gilbert, Mesa, Ahwatukee, and more.
February 2026 greater phoenix housing market update | az andrea real estate in phoenix arizona az andrea real estate

February 2026 Greater Phoenix Housing Market Update

February 2026 Greater Phoenix housing market update: supply 10% higher YoY, contracts slightly up, median down YoY, luxury stronger, and rates lower.
Phoenix real estate 2026 why its a top market to watch in phoenix arizona az andrea real estate

Phoenix Real Estate 2026: Why It’s a Top “Market to Watch”

Phoenix Real Estate 2026 is a top-10 “market to watch.” What it means for renters and buyers, where to start, and current, local risks to watch. Phoenix insights inside.
Phoenix real estate market in 2026 | az andrea real estate in phoenix arizona az andrea real estate

Phoenix Real Estate Market in 2026

Flat home prices, selective buyer demand, and emotional negotiations. Here’s what defines Phoenix real estate in the 2026 Arizona housing market.
December 2025 greater phoenix housing market update in phoenix arizona az andrea real estate

December 2025 Greater Phoenix Housing Market Update

Closed home sales in Greater Phoenix rose at nearly four times the national rate in Dec with mid-price ranges tilting towards sellers near the $450K median. Affordability under $400K remains improved vs peak conditions.
Work with Andrea Scheppe

Phoenix native & award-winning Top Arizona REALTOR®

Relocating to Arizona or buying/selling in Greater Phoenix? Reach out to get on my calendar—I’ll give you real answers on the Phoenix housing market.