Current Market Data
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.
A $20 million estate featuring ponds and waterfalls tops the March list of the 20 most expensive homes sold in Arizona.
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.
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.
Redfin noted that millennials are currently the largest generation, making the rate of boomer homeownership even more outsized in comparison.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the eighth month in a row.
A brand-new, $22 million estate on Camelback Mountain tops the March ranking of the 10 most expensive new listings in Arizona.
The 2026 National Housing Supply Summit was held in Washington, D.C., on March 18.
Nationally, home sales in the 51 metro areas surveyed by REMAX declined 3.2% year over year and rose 11.1% month over month.
Though the most lucrative week to list varies by city and region, spring is undoubtedly the smartest season to list.
Here’s how the square footage shakes out in the largest Phoenix-area cities.
Regionally, pending sales rose in the Midwest, South and West, and declined in the Northeast on a month-over-month basis.
A seven-bedroom, nine-bathroom estate with a full-size tennis court tops the February list of the 10 most expensive homes sold in Arizona.
Closings increased 0.4%, with 3,750 home sales during the month. Days on market increased 8.3% to 78.
Homeowners are increasingly turning their properties into rentals, and a new report from Zillow says that the trend may not have even peaked yet. According to the report, 2.3% of homes listed for rent on Zillow were recently listed for sale, just below the six-year
Scottsdale ranked No. 3 — mostly because its residents are so healthy, WalletHub said.
