Phoenix Arcadia Homes

Arcadia Homes Market Highlights

As of Jul 18, 2025, the single-family home market in Arcadia has exhibited noteworthy changes that impact both buyers and sellers.

• Currently, the number of active listings has dropped to 25, down from 36 three months ago, indicating a tighter inventory.
• The average days on market (DOM) for these active listings is now 94 days, which is significantly higher compared to the 62 days observed three months ago.
• Furthermore, the average sold price is currently at $2,400,000, reflecting a decline from the $2,675,583 reported just three months ago.

An In-Depth Look at the Arcadia Homes Market

The current state of the single-family home market in Arcadia reveals a landscape marked by declining active listings and increasing days on market, factors that profoundly affect buyer dynamics and pricing strategies.

• The drop in active listings to 25 represents a 30% decrease from the 36 active listings three months ago, reflecting a market that has tightened somewhat. A lower inventory can typically create competitive scenarios, but the rising DOM suggests that while there are fewer listings, they are remaining on the market for longer periods, extended from 62 to 94 days.
• Additionally, as we analyze the sold prices, we notice a notable decrease to $2,400,000, down from $2,675,583, translating to a 10% drop in sold prices over the same timeframe. This shift may indicate that buyers are becoming more cautious and possibly negotiating lower prices.
• Insightfully, the 2.9 months of inventory suggests that the market is still relatively balanced; however, the higher days on market challenges sellers to reassess their pricing and strategy. As homes take longer to move, sellers may want to consider adjusting their price points or enhancing property presentation to attract buyers more effectively.
• Moreover, while the average price per square foot for active listings is reported at $929, it remains crucial for sellers to understand that pricing competitively will be vital in this slowly transitioning market.
• The average price per square foot for sold listings, now at approximately $686, illustrates a considerable gap between what sellers are listing for compared to what buyers are willing to pay, suggesting that active listings might be carrying a higher perceived value in the current climate.
• As we delve deeper into these metrics, potential buyers should keep an eye on the equipment and timing of their offers, particularly with properties that demonstrate longer DOM, as those may provide more negotiating leverage.
• Finally, it will be essential for market participants to remain agile and responsive to these evolving conditions to capitalize on opportunities as they arise, whether in terms of pricing, negotiation strategies, or timing of purchases.