Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027. 

With strong sales in four Phoenix-area communities, the metro accounted for 6% of all sales in RCLCO’s Top 50.

July’s roundup of the most expensive new listings in Arizona contain treasures like an underground shooting range, a 26-car collector’s garage and a glass elevator.

Nationally, home-price growth topped 1% for the first time in 2026.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

Curb appeal is important to today’s homeowners — that is, they want the exteriors of their homes to appeal to their own preferences and sensibilities rather than those of potential buyers.

Given Arizona’s average home size, buyers in the state pay an average price per square foot of $303.

The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.

Nationally, home sales in the 51 metro areas surveyed by REMAX showed measured growth of 8.9% month over month and 7.8% year over year, REMAX said. 

The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance. 

A $12 million estate on Camelback Mountain leads the pack among the 10 most expensive homes sold in Arizona last month.

Surprise ranked No. 2 in the country, behind only Palm Bay, Florida; Gilbert ranked No. 3, Yuma ranked No. 5, Peoria ranked No. 6 and Chandler ranked No. 8.

Scottsdale, Gilbert and Chander are the top three places to rent in America, according to new data from WalletHub.

The median sales price of a home hit an all-time high of $440,600. 

Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027. 

Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines.