RealTrends Market Report

Arizona, AZ

Single-Family Homes

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Arizona, AZ

Tue Apr 07 2026
This week the median list price for Arizona, AZ is $499,950 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 27,141. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Arizona, AZ

Tue Apr 07 2026
This week the median list price for Arizona, AZ is $499,950 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 27,141. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Arizona market.
Median List Price $499,950
Median Price of New Listings $492,866
Per Square Foot $259
Average Days on Market 106
Median Days on Market 56
Price Decreased 45%
Price Increased 2%
Relisted 5%
Inventory 27,141
Median Rent
Market Action 35
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$1,224,000 3,218 0.25 - 0.5 acre 4 3.5 21 595 513 63
$599,900 2,236 8,000 - 10,000 sqft 3 2.5 20 829 623 49
$439,000 1,849 6,500 - 8,000 sqft 3 2 21 845 662 49
$321,500 1,464 6,500 - 8,000 sqft 3 2 24 673 774 63