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 33152 active listings and 7257 closed sales this month, inventory remains at 7 months of supply. Trends over the last half-year show median values moving up by 11%, while Average Days on Market has increased by 7%.
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 June 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 1.6K | 66 | 393 | 67 | 2.2K |
| Detached Home | 2K | 4.9K | 14.7K | 2.6K | 24.2K |
| Mobile/Manufactured Home | 2K | 129 | 896 | 32 | 3.1K |
| Multi-Family (2-4 Unit) | 20 | 114 | 145 | 121 | 400 |
| Townhome | 1.5K | 118 | 1.6K | 46 | 3.3K |
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 7 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, $340,000 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 62 days.