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 34502 active listings and 7126 closed sales this month, inventory remains at 7.7 months of supply. Trends over the last half-year show median values moving up by 6%, while Average Days on Market has increased by 4%.
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 July 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 1.8K | 53 | 381 | 39 | 2.3K |
| Detached Home | 2.2K | 5.1K | 15.2K | 2.7K | 25.2K |
| Mobile/Manufactured Home | 2.2K | 137 | 881 | 57 | 3.3K |
| Multi-Family (2-4 Unit) | 25 | 158 | 153 | 96 | 432 |
| Townhome | 1.6K | 90 | 1.5K | 44 | 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 7.7 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, $339,000 represents the median entry point in Arizona. Over the past half-year, home values in Arizona have moved upward by approximately 6% 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 95.2%. On average, properties in Arizona are transitioning from active to sold status in 60 days.