Phoenix, AZ Housing Market

RealSights Market Pulse — powered by AreaPro

Market Pulse

21Strong Buyer Advantage

Week of October 18, 2026 · Recalculated weekly

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The City Market Read

Phoenix Market Pulse: Strong Buyer Advantage

Demand is softer relative to supply and buyers have the most room to compare, negotiate, and wait for the right fit.

Pending ratio: 23%. About 2-3 out of every 10 homes for sale are finding a buyer — a buyer's market. Most homes are still waiting for a buyer. Expect it to take longer and price to stand out. Homes that sold took about 68 days to sell, which is so-so.

The Local Move Playbook

Choose your next move in Phoenix

Practical guidance based on this market’s strong buyer advantage reading.

If you’re selling

What this market requires

Lead competing listings on price and presentation
Address condition issues before launch
Plan for buyer costs and concessions
Review market response quickly after listing

If you’re buying

What this market gives you

Compare widely before choosing
Negotiate price, repairs, and closing help
Focus on listings with extended market time
Keep protections and a deliberate timeline

Personalized using current RealSights market data. Optional local professional review is available only when requested.

Stay current

Not moving yet? Keep watching Phoenix.

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For your home

Thinking about selling in Phoenix?

Enter your address to see the homes you’d compete with, the demand around you, and how quickly homes are selling — from current local market data.

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Current market measures

Local market index

ZIP codes in Phoenix

ZIP-level readings may differ from the citywide market because supply, demand, and pricing conditions vary by neighborhood.

40 of 40 ZIP reports

Local market questions

Phoenix housing market FAQs

Is Phoenix, AZ a buyer’s market or seller’s market?

Here's what we're seeing: Phoenix currently shows buyer advantage, with a citywide Market Pulse of 21 as of 2026-10-18. That gives buyers a little more room to negotiate, though competition still varies by home and price range.

Which Phoenix ZIP codes are most buyer-friendly?

Among ZIP codes with enough reliable data, the lowest Market Pulse scores right now are 85016 (10), 85003 (12), 85021 (13), 85054 (14), 85007 (15). Lower scores suggest buyers may have more negotiating power there — though no score guarantees terms on a particular home.

Do all Phoenix ZIP codes have the same market conditions?

Of the Phoenix ZIP codes with enough reliable data (33 so far), 31 lean toward buyers, 2 look balanced, and 0 lean toward sellers. These readings describe those local areas, not the whole city.

How recent is the Phoenix market reading?

The citywide Market Pulse shown here is from 2026-10-18. RealSights takes new snapshots every Sunday, and each ZIP report shows its own date.

How should buyers use this report?

Start by comparing ZIP-level demand, days on market, price reductions, and how much inventory is available. Then review individual homes with a local professional and keep your inspection and financing protections in place.

How should sellers use this report?

Price against your current competition and recent closed sales nearby. Watch pending activity and inventory in surrounding ZIP codes, be ready for buyer requests, and talk through pricing and strategy with a local professional.

Market Pulse methodology · Partner with RealSights