Following several months of the Phoenix area outperforming the national housing market, it continued its trajectory of strength and resilience in June, new data from Phoenix REALTORS® shows.

Across Maricopa County, closed home sales increased 9.8% year over year in June, with 4,669 properties sold during the month. In comparison, home sales increased just 3.2% nationally.

Meanwhile, the county’s pending home sales dropped 29.6% year over year. Year-to-date, though, they were down just 0.4%.

“There’s a difference between how people believe the real estate market is moving and what the data is showing,” Sammy Glassman, 2026 president of Phoenix REALTORS®, said in a press release. “Home sales were very strong in June, and even the pending sales slight decline was significantly smaller than what we’ve seen in previous months.”

Days on market increased 4.3% year over year to 73. Given the rate of sales, the county had a 3.8-month supply, down 5% annually.

Prices increased, with the median sales price rising 1.9% to $514,593, although the average increased 6.1% to $732,637.

At the same time, the housing affordability index increased 2.8% to 73, indicating that nearly three-quarters of Phoenix-area families can buy a median-priced home.

“The fact that prices are holding steady is increasing the universe of potential buyers,” Glassman added. “It’s been difficult to try and call a trend, but with steady prices, increasing affordability and leveling of pending sales, we might have a better-than-expected summer.”

Phoenix

Looking at Phoenix proper, closed home sales increased 9.2%, with 972 sales, while pending sales drooped 34.3%. New listings declined 4.4%, with 1,117 properties added to the MLS, and total active listings fell 6.6% to 2,964.

Prices increased annually: The median rose 3.7% to $497,500, while the average jumped 10.3% to $697,474.

Days on market fell two days year over year to 61. Given the rate of sales, the city had a 3.6-month inventory in June, down from 3.9 months a year prior.

Scottsdale

In Scottsdale, closed home sales skyrocketed 31.1% year over year, with 430 sales in June. New listings plummeted 19.3% though, as just 342 sellers listed their homes. Pending sales dropped 33.9%.

Amid increased sales and decreased listing activity, total active inventory declined 13% year over year. The median sales price rose 4.7% to $1.27 million, while the average held steady at $1.68 million.

Homes took about nine days longer to sell than they did a year prior, with the typical home selling in 87 days (up 11.5% year over year). Given the rate of sales, Scottsdale had a 3.9-month inventory, down from five months in June 2025.