Greater Phoenix Real Estate

Brian Adamski, Realtor Proven Results in Greater Phoenix | Expert Real Estate Advice You Can Count On

Greater Phoenix Real Estate Market Overview

Greater Phoenix All Property Types – Inventory by Property Type – 7.8.2025
Greater Phoenix All Property Types – Avg Sold Price Trend – 7.8.2025
Greater Phoenix All Property Types – Active Listings Trend – 7.8.2025

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Greater Phoenix Real Estate Market Report

Greater Phoenix All Property Types Market Highlights

As of Jul 8, 2025, the residential real estate market in the Metro Phoenix Area is experiencing notable shifts.

  • The number of active listings has increased significantly, now at 29,245, compared to 25,616 just three months ago.
  • This rise in inventory has contributed to a modest upward trend in days on market, which currently averages 115 days.
  • In contrast, sold prices have seen a slight decline, averaging $579,646, representing a lower figure compared to recent months.
  • Overall, these dynamics indicate a changing market environment with increasing options for potential buyers.
Greater Phoenix All Property Types – Inventory Snapshot – 7.8.2025
Greater Phoenix All Property Types – Sold Market Report – 7.8.2025

An In-Depth Look at the Greater Phoenix All Property Types Market

In the Metro Phoenix Area, the current housing landscape illustrates both opportunities and challenges for buyers and sellers. The surge in active listings to 29,245—up from 25,616 three months ago—reflects a robust supply of homes for sale. This increase aligns with the current average days on market (DOM) rising to 115 days, suggesting that homes are taking a bit longer to sell compared to the quicker sales seen in prior months.

Comparatively, looking back six months, the market demonstrates a significant transformation. For instance, the number of active listings was just 18,641 in January, indicating a substantial growth of 57% in the last half year. This influx may stem from seasonal factors, increased new listings, and fewer homes entering pending status as buyers remain cautious due to fluctuating economic conditions.

Moreover, the average sold price has slipped to $579,646, down from $587,286 three months ago and showing a contrasting picture compared to $626,265 six months ago. Such pricing adjustments could also reflect the increased negotiating power of buyers, facilitated by the greater selection of available homes.

Interestingly, while inventory levels are rising, this encompasses diverse scenarios for different property segments. The months of inventory now stand at 4.4, indicating a balanced market state that could cater favorably to informed buyers. It’s essential to recognize that the current market favors a more patient buyer, armed with comparative data, as listings may not fetch the asking price as aggressively as before.

This environment encourages strategic planning for both buyers and sellers. For sellers, it may be wise to price competitively, taking into account the longer DOM and recent price trends. Buyers, on the other hand, should capitalize on the increased inventory and explore options with negotiation leverage, particularly those listings that have lingered on the market longer and may be more amenable to price adjustments.

In conclusion, the trends observed in the Metro Phoenix residential real estate market underscore a period of transition where increased inventory, extended DOM, and slight decreases in sold prices can serve as advantageous opportunities for well-prepared buyers and sellers alike.

Info About Greater Phoenix

Homes for Sale in Greater Phoenix

Homes for Sale in Greater Phoenix


The Greater Phoenix area is 10th largest metro area in the United States (4,652,000 people).

Two major airports serve Greater Phoenix. Phoenix Sky Harbor International Airport is the main one and is considered the 10th busiest in the United States. In 2004, Phoenix-Mesa Gateway Airport started commercial passenger flights.

Phoenix is in the northeastern part of the Sonoran Desert at about a mean elevation of 1,117 feet (340 m) and has a subtropical desert climate.

High Demand

For the last decade or so, Greater Phoenix real estate has been in the top 3 metro areas for people wanting to buy for both their primary home, secondary homes, and investment purposes. Since, COVID, the demand for Phoenix, AZ real estate has increased even more.

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Weather

Phoenix is frequently referred to as the Valley of the Sun and for good reason, as you can expect to see the sun, on average, 85% throughout the year. 8-9 months out of the year the weather in Phoenix is glorious and is one big reason people move here. Winter months are warm, with daily high temperatures ranging from the mid-50s to high 70s and low temperatures mostly in the low 40s, occasionally dipping below 40. On average, Phoenix has only five days per year where the temperature drops to or below freezing. The summer high average temperatures are typically over 100 °F (38 °C).

Economy

Eight Fortune 500 firms are currently headquartered here: Freeport-McMoRan, Avnet, Carvana, Republic Services, Insight Enterprises, Opendoor Technologies, Taylor Morrison Homes, and ON Semiconductor.

Phoenix has plenty of high-tech and telecommunications companies like Intel, GoDaddy, LifeLock, Gainsight, Microchip, Keap, Honeywell’s Aerospace division, and countless more.

Greater Phoenix Real Estate for Sale

Greater Phoenix Real Estate


Phoenix also benefits from tourism and recreation because of its weather and proximity to places like the Grand Canyon. Several golf events occur throughout the Phoenix Metro area, including the PGA’s Waste Management Phoenix Open.

Culture

Some of the best museums, theatres, and art galleries in the Southwest are located here.

Things To Do

Enjoy the outdoors year round! There is great hiking, mountain biking, and horseback riding on the many different mountain ranges throughout Greater Phoenix.

Phoenix is one the world’s golf capital and has many interesting, challenging, and unique courses.

Greater Phoenix Golf Course Homes

Greater Phoenix Golf Course Homes


Need to cool off? Phoenix has plenty of water parks or go tubing on the Salt River.

Phoenix also has plenty of public parks to relax with the family, have a picnic, swim in the pool, tennis, pickleball, or volleyball.

Within a 2-6 hour car drive lies the Grand Canyon, Sedona, Tucson, San Diego, Las Vegas, Palm Springs, Los Angeles, or even Mexico.

Topography

Generally speaking, the Greater Phoenix is flat, but mountain ranges are in and around the valley. If you’re looking for mountain views and foothills to break up the flatness, I would look at areas such as Ahwatukee (south), Biltmore Area (central), Arcadia Area (central), North Scottsdale (north), and Gold Canyon (east).

Want Help to Buy or Sell from an Expert?

If you’re looking for an experienced Greater Phoenix real estate agent, then you found one here! Brian is ranked in the top 3% in AZ. Whether you are looing for a single family home, a condo, or land, he is your guy!

Brian Adamski, Realtor

Proven Results in Greater Phoenix | Expert Real Estate Advice You Can Count On

Brian Adamski, Realtor
480-405-1265

Brian made the process very comfortable.
Ben Zachariah, Buyer
Brian Adamski review from zillow

Brian quickly and masterfully scheduled and arranged for the preparation of the house using his excellent contacts (paint, carpet, cleaning), enabling us to list the property a mere two weeks after the tenant moved out.
Deb Tharp, Seller
Brian Adamski review from zillow