Phoenix Metro
Market Report
Stay informed with the latest real estate market data for the Phoenix metropolitan area. Updated with September 2026 data on November 1, 2026.
Market Overview
The Phoenix metropolitan real estate market as of September 2026 remains balanced. The Phoenix-Mesa-Scottsdale metro median sale price was about $460,000, down about 1.6 percent year over year, with about 4.5 months of supply (up from 4.2 months in August) and a median of about 79 days on the market. Closed sales in September ran about 5,500, roughly 5 percent below the same month a year ago, a typical seasonal slowdown. For reference, the previous month (August 2026) closed with a Greater Phoenix median sale price of about $445,000, about 23,400 active listings, and 4.28 months of supply. The picture varies by city: the West Valley offers the most approachable prices, while the East Valley and Scottsdale hold at a premium.
Metro Median
$460K
Phoenix-Mesa-Scottsdale, Sep 2026
Median Days on Market
79
Phoenix-Mesa-Scottsdale, Sep 2026
Months of Supply
4.5
Up from 4.2 in August (previous month)
Market Condition
Balanced
Buyer & seller friendly
City-by-City Breakdown
Median sale prices are the latest verifiable figures for each city; the data month is noted in each row. Figures come from different sources and months, so treat them as rough guides, not exact comparisons.
| City | Median Price | Data Month | Market Read | Note |
|---|---|---|---|---|
| Phoenix | $452,000 | Sep 2026 | Balanced | Up about 0.5% year over year |
| Glendale | $425,000 | Sep 2026 | Balanced | Down about 2% year over year |
| Goodyear | $473,000 | Sep 2026 | Balanced | Up about 1% year over year |
| Peoria | $510,000 | Sep 2026 | Balanced | Up about 1% year over year |
| Avondale | $415,000 | Aug 2026 | Balanced | Roughly flat year over year |
| Litchfield Park | $600,000 | mid-2026 | Competitive | Premium over West Valley peers |
| Tolleson | $381,000 | Sep 2026 | Buyer-friendly | Up about 3% year over year |
| Buckeye | $399,000 | Sep 2026 | Balanced | Roughly flat year over year |
| El Mirage | $345,000 | Sep 2026 | Buyer-friendly | Down about 2% year over year |
| Surprise | $425,000 | Sep 2026 | Balanced | Up about 1% year over year |
| Chandler | $520,000 | Aug 2026 | Balanced | Down about 4% year over year |
| Gilbert | $585,000 | Sep 2026 | Competitive | Up about 3% year over year |
| Tempe | $474,000 | Sep 2026 | Balanced | Up about 1% year over year |
| Scottsdale | $890,000 | Sep 2026 | Luxury segment strong | Up about 9% year over year |
| Queen Creek | $641,000 | Sep 2026 | Competitive | Up about 2% year over year |
| Mesa | $455,000 | Sep 2026 | Balanced | Down about 1% year over year |
| Apache Junction | $415,000 | Aug 2026 | Buyer-friendly | Down about 3% year over year |
| Maricopa | $345,000 | Sep 2026 | Buyer-friendly | Roughly flat year over year |
| Casa Grande | $324,000 | Aug-Sep 2026 | Buyer-friendly | Roughly flat year over year |
What This Means for You
For Buyers
More inventory means more choices and less pressure to make rushed decisions. The balanced market gives you room to negotiate. Typical price range in my service areas: $200K to $1M.
For Sellers
Proper pricing and strong marketing are more important than ever. Homes that are priced right and presented well still sell well. I help you stand out in a competitive market.
Market data sourced from the Phoenix REALTORS Monthly Indicators report (September 2026), the ARMLS STAT report (September 2026, covering August 2026 activity), and Redfin city housing-market data, as of November 2026. City figures come from different sources and months, so treat them as rough guides. Individual results may vary.
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