Current Market Data
The NAHB’s monthly survey found the nation’s homebuilders remain optimistic about home sales next year.
Midwestern and southern metros may dominate buyer interest in 2026, according to the National Association of REALTORS®.
Scottsdale residents are very philanthropic with their hard-earned money, with the 10th-highest rate of online charity donations and the 15th-highest amount of volunteer hours.
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
Mansions in Scottsdale and Paradise Valley make up the 10 most expensive new listings in Arizona.
Spa-style amenities, customizable lighting options, integrated technology, storage solutions — and ample space for these features — all surfaced as top trends.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
Bold, geometric designs like chevrons, sunbursts, zigzags and stepped shapes are making a huge comeback as of late — and Houzz said that will continue into 2026.
Income growth surpassed rental growth in 37 of the largest 50 U.S. metros this October — including Phoenix, according to new research from Zillow. The typical asking rent for an average rental unit decreased 0.7% to $1,763. Meanwhile,
The largest project in The Valley’s pipeline is Kierland Sky, a Scottsdale adaptive-reuse project that will convert office space into 420 apartments.
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
From January through October, new listings increased 7.3%, closed sales increased 4.2% and pending sales increased 0.7%, all compared to the same time period in 2024.
Compass agents worked with both the buyers and sellers of the two most expensive homes sold in Arizona in October.
At the top of the list? WaterSense fixtures — the plumbing solution, which claims to reduce water use by more than 20%, increased in popularity by 289.6%.
At the same time, the average age of the first-time buyer hit an all-time high of 40, according to the 2025 Profile of Home Buyers and Sellers.
Nationwide, the median price for a single-family home increased 1.7% year over year to $426,800. Prices increased by the same annual rate during the second quarter.
