Arizona Real Estate Market• Updated
Market Pulse: Opportunity 📈
The Arizona real estate market is currently a Buyer's Market. Homes are retaining 95% of their value (Sale Price to List Price Ratio). With 31967 active listings and 6834 closed sales this month, inventory remains at 6.2 months of supply. Trends over the last half-year show median values moving up by 11%, while Average Days on Market has increased by 8%.
Top Listing & Buyer's Agents in Arizona
Detached Homes
Townhomes
Mobile/Manufactured Homes
Condo/Co-op
Multi-Family (2-4 Unit)
Arizona Real Estate Market Trends April 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 1.5K | 55 | 359 | 69 | 2K |
| Detached Home | 2.1K | 4.8K | 14.4K | 2.2K | 23.4K |
| Mobile/Manufactured Home | 1.9K | 120 | 893 | 23 | 3K |
| Multi-Family (2-4 Unit) | 16 | 102 | 133 | 125 | 376 |
| Townhome | 1.5K | 120 | 1.5K | 41 | 3.2K |
Market Insights & FAQ
How is the real estate market in Arizona performing right now?
The data indicates a stable environment in Arizona. Inventory is at 6.2 months, meaning a balanced environment with steady turnover. Inventory levels provide a healthy range of options for prospective buyers.
What are the current pricing trends for Arizona real estate?
Currently, $349,000 represents the median entry point in Arizona. Over the past half-year, home values in Arizona have moved upward by approximately 11% based on regional transaction data.
Are sellers in Arizona getting their full asking price?
Buyers have room for negotiation in Arizona, with a Sale Price to List Price Ratio of 94.9%. On average, properties in Arizona are transitioning from active to sold status in 63 days.