After 26 years in Arizona real estate, I’ve learned that market shifts reward those who adapt quickly—and right now, Phoenix sellers are seeing that firsthand. Active listings have reached 17.7K, up about 5% year-over-year, which means buyers have noticeably more choices than they did last year. What’s interesting is that new supply is up less than 1%, so most of these extra options are homes lingering on the market, not a flood of fresh listings. Nearly 28% of Phoenix homes have already had a price cut, giving buyers extra leverage and pushing sellers to adjust expectations before offers even come in. The typical Phoenix home is spending 67 days on the market—slightly faster than last year, but still long enough to reward buyers who move with patience and sellers who price with discipline. For anyone listing right now, the message is clear: realistic pricing and flexibility are vital, because today’s buyers have the luxury of being selective. These are the kinds of market dynamics I focus on every day to help my clients make smart, confident moves—whether you’re hoping to snag a deal or get your property noticed.
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