: Roughly 63% to 65% of homes are selling under list price , and concessions (such as rate buydowns) are present in over half of transactions between $200k and $600k. Key Buying Considerations Phoenix, AZ Housing Market: 2026 Home Prices & Trends
: Active inventory has grown significantly, up 15% to 20% year-over-year, giving buyers more options. buy house in phoenix az
The Phoenix housing market in 2026 is characterized by a "recalibration" phase, shifting from the high-intensity seller's market of previous years to one that currently with more leverage and inventory. While prices are generally flat or seeing slight year-over-year dips, high demand for move-in-ready homes in top-tier neighborhoods keeps the market competitive at specific price points. 2026 Market Snapshot : Roughly 63% to 65% of homes are