Current Market Data

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Housing supply highest in four years as demand level falls

Housing supply is the highest it’s been since 2020, and while there’s lots to choose from, demand is the lowest it’s been in four years.

Phoenix office-to-apartment conversions to increase 19%

Phoenix is No. 11 among U.S. metro areas with 1,634 units in its office-to-apartments pipeline.

New and active listings, closings rise in Maricopa County

New listings and closed home sales increased year over year in the Phoenix area last month, according to the latest Market Update from Phoenix REALTORS®.

The 10 most expensive homes sold in Arizona in January

These were the most expensive homes sold in Arizona last month, led by a sprawling $21 million estate in Scottsdale.

The 10 most expensive new listings in Arizona

There’s a $25 million tie for the most expensive new listing in Arizona. Those two pricey properties hit the market during the past month.

Scottsdale is the top city for snowbirds

Scottsdale is the top city in the United States for people who like to flee to warm-weather destinations in the winter — also known as “snowbirds.”

CoreLogic: U.S. home prices rose 3.4% in November 

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

Home prices rose in all major cities in 2024, including Phoenix

For the first time in two years, home prices are on the rise in every major metro and Phoenix is one of them, according to a new Redfin report. 

NAR: Existing-home sales rise for third month in a row in December 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

This Phoenix-area city added the most inventory in the last two decades

Gilbert ranks among the U.S. cities where housing inventory has grown the most since 2005, according to a report from StorageCafe.

Phoenix home sales jump year over year in December 

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said. 

Phoenix makes list of 2025 hottest real estate markets

Zillow has released its list of the hottest real estate markets predicted in 2025 and Phoenix has made the rankings.

The 10 most expensive new listings in Arizona

Joan Levinson of Realty ONE Group handled three of the most expensive new listings in Arizona last month.

Radiance at Superstition Vistas named among 2024’s top-selling MPCs

Radiance at Superstition Vistas was the top-selling master-planned community in Arizona last year, according to RCLCO Real Estate Consulting’s ranking of the top 50 master-planned communities of 2024.

How did 2024 compare to 2023 for Phoenix real estate?

One of the greatest differentiators between 2023 real estate and 2024 real estate in Maricopa County was the amount of new listings on the market, according to the December Market Update from Phoenix REALTORS®.

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