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.

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.