Current Market Data

Closings rise 5% in Maricopa County, but pending sales retract amid geopolitical uncertainty

According to the latest Market Update from Phoenix REALTORS®, buyers purchased 4,910 properties during the month, up from 4,671 during the same time frame in 2025.

NAR: Existing-home sales flat in April

The median-existing sales price for all housing types rose 0.9% year over year to $417,700, its 34th consecutive increase. 

6 design trends defining luxury homes in 2026

Luxury spaces that focus on well-being, comfort and personal meaning are shaping everything in the home, from material selection and layout to color, light and more.

REMAX: Phoenix home sales jump in March

Nationally, home sales in the 50 metro areas surveyed by REMAX posted their largest monthly gain in three years, increasing 31.6%. 

The 10 most expensive new listings in Arizona

A $30 million Paradise Valley estate tops the April ranking of the most expensive new listings in Arizona.

Spring 2026 housing market: Buyers, sellers find balance

The 2026 spring housing market is neither surging nor stalled, but moving forward as both buyers and sellers adjust their expectations.

Is the American Dream even on the table anymore?

Short answer: Yes. But not quite in the way mom and dad did it, according to a survey of over 2,000 American renters and would-be homeowners.

Case-Shiller: Phoenix home-price growth slows

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the ninth month in a row.

It takes 7 years to save for a down payment in Phoenix

That timeline is typical for a family saving 15% of their income, assuming a 15% down payment.

Zillow: Buyers want exposed beams and arched doorways

Among over 600 home features and design aspects, exposed beams were the most popular — home listings featuring the element saw 19.7% more engagement on Zillow.com.

Boomers still buying the most US homes as first-time buyers fall to all-time low

Boomers made up 42% of all homebuyers during the period from July 2024 to June 2025, unchanged from the same time a year prior. Millennials lost market share, making up 26% of buyers, down 3% year over year.

The 20 most expensive homes sold in Arizona in March

A $20 million estate featuring ponds and waterfalls tops the March list of the 20 most expensive homes sold in Arizona.

Average monthly mortgage payments top $2K for first time

The average monthly payment on an outstanding home loan reached $2,005 in the fourth quarter of 2025, according to Realtor.com’s latest data based on FHFA figures.

Home sales climb 9% in Phoenix, but pending sales dip

Buyers purchased 4,977 homes during the month, up from 4,572 homes a year prior. Year to date, closed sales rose 4.1%, with 11,751 homes sold so far in 2026.

Empty-nesters own more than a third of three-bedroom homes in US

Redfin noted that millennials are currently the largest generation, making the rate of boomer homeownership even more outsized in comparison.

Case-Shiller: Phoenix monthly home-price growth rises in January

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the eighth month in a row. 

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