Phoenix Biltmore Homes

Biltmore Homes Market Highlights

As of Nov 11, 2025, the single-family home market in Biltmore is reflecting diverse trends that buyers and sellers should monitor closely.

• Active listings currently total 61, illustrating a significant increase from just 38 three months ago.
• The average days on market (DOM) has risen slightly to 76 days, signaling that homes are taking longer to sell.
• Currently, months of inventory stands at 4.5, indicating a market that is gradually shifting toward balance, although it still favors sellers to some extent.
• Additionally, the average sold price has reached $1,375,000, up from $1,373,702 three months prior.

An In-Depth Look at the Biltmore Homes Market

The single-family home market in Biltmore is displaying notable dynamics as we observe fluctuations over recent months. Currently, there are 61 active listings, which marks a substantial increase of 60% from 3 months ago, when only 38 listings were available. This influx signifies heightened activity and choices for prospective buyers, yet it may also indicate increased competition among sellers.

Reflecting on the average DOM, which is presently at 76 days, we see an uptick from 66 days six months prior. This rise in DOM can be linked to a tentative purchasing appetite among buyers, balancing between a competitive range of options and price considerations. The market is not moving as swiftly as before, despite the increased inventory.

The month’s inventory currently registers at 4.5 months. This is a critical benchmark; generally, markets with inventory below four months are considered seller-favored, while levels above six months suggest buyer advantages. Biltmore's 4.5 months indicates a moderately balanced state, where neither buyers nor sellers hold overwhelming leverage, although sellers may still find conditions relatively favorable due to a stable demand.

The average sold price has recently been reported at $1,375,000, showing a slight increase compared to $1,373,702 just three months ago. Despite the relatively stable pricing amidst dynamic inventory levels, this modest appreciation reflects continued interest in the area, underscoring the community's desirability.

Examining prices on a broader scale, the average price per square foot for active listings now sits at $563—slightly higher than the $565 three months ago. This subtle shift may indicate a softening in price expectations as more listings come online. Conversely, properties that have sold recently command an average price per square foot of $407, a reduction from $435. This downward movement highlights potential buyer resistance to higher pricing against a backdrop of increased inventory.

For prospective buyers and sellers in Biltmore, these trends suggest a need for strategic assessments. Buyers might benefit from evaluating their options closely as the market shows signs of balancing, whilst sellers may need to be cognizant of increasing DOM and consider pricing flexibility amid a larger selection of homes. Overall, the market remains lively yet requires careful navigation given the contrasting indicators.