Ivy Realty
July 2026
Median Home Price

$455,000

+0.9% YoY
List Price$475,000

$279

Price / Sq Ft

6.45%

Mortgage Rate

30yr fixed avg

56

Days on Market

median DOM

3.41

Months of Supply

seller-leaning

97.9%

Sale-to-List

of asking price

6,129

Homes Sold

this month

Market Pulse

Active Listings

25,159

-7.7% YoY
Sold Above List

14.7%

of closed sales

Price Drops

23.5%

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 56 days on market — well-priced homes move quickly
  • 14.7% of homes selling above list price, indicating competitive buyer demand
  • Inventory growth at -7.7% YoY — more choices for buyers, but demand remains strong
  • Sale-to-list ratio at 97.9% shows slight negotiability for strategic buyers

Market Temperature

Buyer's MarketBalancedSeller's Market

With 3.41 months of supply, Maricopa County remains seller-leaning — demand continues to outpace inventory despite rising listings.

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Ivy Realty

Maricopa County Market Intelligence · Updated Monthly · ivyrealty.ai

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

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