Phoenix Arcadia Land

Arcadia Land Market Highlights

As of Jul 10, 2025, the land market in Arcadia has exhibited distinctive trends that are noteworthy for both potential buyers and sellers.

• The number of active listings has climbed to 4, a significant increase compared to just 2 listings three months ago.
• The average price for these active listings currently stands at $3,416,250, reflecting a modest decrease from $3,520,000 about three months prior.
• Days on market (DOM) for active listings has extended to 104 days, highlighting a slower movement of properties.
• With zero sold properties recorded in the most recent period, buyers may need to adjust expectations and offers as the market stabilizes.

An In-Depth Look at the Arcadia Land Market

The current land market in Arcadia, as of Jul 10, 2025, reflects a period of adjustment amid rising inventory levels and slower sales dynamics.

• The increase in active listings from 2 to 4 over the past three months underscores a trend toward greater supply, a possible response to heightened buyer interest.
• However, the average active listing price has dropped from $3,520,000 three months ago to $3,416,250, indicating a market that may be recalibrating after a period of high pricing.
• It’s worth noting that the average DOM has risen significantly to 104 days, up from 64 days previously. This change suggests that while listings are available, the market is experiencing longer wait times before properties are sold, pointing towards a potential cooling off in buyer urgency.
• Notably, with no sold properties reported currently, this lack of transactions could signal a temporary plateau or the need for sellers to lower expectations. The market's landscape is becoming more favorable to buyers, who may find a greater selection and leverage in negotiations given the extended DOM and stable inventory levels.
• For sellers, it would be advisable to consider competitive pricing strategies, leveraging the data on price trends to ensure they attract buyer interest in a shifting market.