Data as of July 2026. Source: Realtor.com.
The Phoenix, AZ real estate market currently shows 4,915 active listings, with 1,227 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 64 days on market compared to 65.4 days last year.
The median listing price has fallen 7.2% year-over-year, from $569,285 to $528,424.
Whether you are buying or selling in Phoenix, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,447,391 · Density: 1,899.1/mi² · Median household income: $71,726
Typical home value: $337,699 · Homeownership: 55%
Phoenix: 85004, 85007, 85015, 85017, 85020, 85023, 85042, 85043, 85044, 85045, 85046, 85048
Camelback East: 85008, 85010, 85011, 85014, 85018, 85038
North Garfield: 85001, 85002, 85006, 85030
Rose Lane Trailer Park: 85005, 85009
Central City: 85003
Colony Biltmore IV: 85016
Greentrails: 85022
Tovrea: 85026
Rose Garden Place III: 85027
The Preserve: 85028