RealTrends Market Report

Arizona, AZ

Single-Family Homes

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Arizona, AZ

Fri Sep 25 2026
This week the median list price for Arizona, AZ is $484,944 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 26,272. Click here to stay informed with the Arizona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Arizona, AZ

Fri Sep 25 2026
This week the median list price for Arizona, AZ is $484,944 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 26,272. Click here to stay informed with the Arizona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Arizona market.
Median List Price $484,944
Median Price of New Listings $469,910
Per Square Foot $256
Average Days on Market 110
Median Days on Market 70
Price Decreased 46%
Price Increased 3%
Relisted 6%
Inventory 26,272
Median Rent
Market Action 34
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,029,950 3,027 0.25 - 0.5 acre 4 3 21 459 433 91
$570,314 2,165 6,500 - 8,000 sqft 3 2.5 21 496 524 63
$425,000 1,809 6,500 - 8,000 sqft 3 2 21 553 570 63
$310,000 1,432 4,500 - 6,500 sqft 3 2 26 510 609 70