Ivy Realty
September 2026
Median Home Price

$474,603

+0.8% YoY
List Price$516,500

$260

Price / Sq Ft

6.76%

Mortgage Rate

30yr fixed avg

64

Days on Market

median DOM

3.78

Months of Supply

seller-leaning

97.8%

Sale-to-List

of asking price

5,215

Homes Sold

this month

Market Pulse

Active Listings

23,743

-1.4% YoY
Sold Above List

14.6%

of closed sales

Price Drops

22.8%

of active listings

Net Migration

+4,800/mo

Phoenix metro monthly

Why Maricopa County?

  • +4,800/mo net monthly inflow — one of the fastest-growing metros in the U.S.
  • Ranked 40th nationally for housing affordability among major metros
  • No state income tax on retirement income, strong job market in tech, healthcare & logistics
  • Estimated 110,000 units housing unit shortfall driving long-term demand

Current Market Conditions

  • Homes averaging 64 days on market — well-priced homes move quickly
  • 14.6% of homes selling above list price, indicating competitive buyer demand
  • Inventory growth at -1.4% YoY — more choices for buyers, but demand remains strong
  • Sale-to-list ratio at 97.8% shows slight negotiability for strategic buyers

Market Temperature

Buyer's MarketBalancedSeller's Market

With 3.78 months of supply, Maricopa County remains seller-leaning — demand continues to outpace inventory despite rising listings.

Share This Report

Send to clients, post on social media, or download

Ivy Realty

Maricopa County Market Intelligence · Updated Monthly · ivyrealty.ai

Data sourced from ARMLS, Redfin, NAR, Census Bureau, NAHB. For informational purposes only.

    Get Started