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.

Phoenix prices dipped slightly from a year ago, but higher inventory and steady sales could give buyers an advantage this spring. 

Many Americans are planning a move this year, driven by lifestyle changes, family needs and homeownership goals, according to the 2026 State of Moving Forecast Survey by American Home Shield. 

Two brand new homes in Paradise Valley top the February ranking of the priciest new listings in Arizona.

Existing-home sales decreased by 8.4% in January, according to the National Association of REALTORS®’ Existing-Home Sales Report.

U.S. home sales declined 6% year over year and 32% month over month in January, according to the latest REMAX National Housing Report.  

Affordability continues to be a challenge in housing, and a new report from the National Association of Home Builders shows how that’s influencing both buyers and builders in 2026. 

After five years of worsening, housing affordability has finally started to improve, according to a new Redfin study. 

With mortgage rates approaching 6%, 5.5 million additional buyers that could not qualify for a mortgage one year ago would qualify at today’s lower rates, the National Association of REALTORS® said. 

Arizona ranked No. 4, with an effective real estate tax rate of 0.48%. That equates to about $1,585 annually for a home valued at $332,700 (the U.S. median home price in 2024).

Affordable apartment construction in the Phoenix metro area increased 206% in the years following the Covid-19 pandemic, according to data from RentCafe.