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Live Market Data

Phoenix Housing Market Dashboard

Real-time housing data across the Phoenix metro. Updated monthly with median sale prices, days on market, inventory, mortgage rates, and Barry's monthly take.

Updated September 22, 2026
Next refresh: October 15, 2026
View Charleston dashboard →
Market Temperature
COOL
Softening — buyers have room
Price Cuts
27.6%
Share of active listings with a price cut (Jul)
Median sale price (Jul)
$452K
▲ +0.4% YoY
Days to pending (Aug)
39
▼ −3 days YoY
Active listings (Aug)
17,707
▲ +5.2% YoY
30-yr fixed mortgage
6.95%
▲ +0.69% YoY
Median sale price trend: $444K (Aug 2025) to $452K (Jul 2026).
Source: Zillow Research (metro-level median sale price), pulled September 22, 2026
Barry's Take · September 2026
Three things moved this month, all in the buyer's favor: rates jumped to 6.95% — the highest print in months — days-to-pending stretched from 31 in May to 39, and inventory is up 5% year-over-year with 28% of listings carrying a price cut. The median is rolling over too ($455K in April, $452K now). For investors that's a green light on the buy side and a yellow light on the exit: negotiate hard, comp on 60-day sales, and price your flip to the payment a 6.95% buyer can actually make. The margin is made at purchase this fall.
— Barry Luchtel, Kayak Capital

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CityMedian PriceYoYMedian DOMTemp
Phoenix$420K+0.7%33WARM
Scottsdale$897K+4.7%56WARM
Mesa$426K−1.4%29COOL
Chandler$503K−3.5%29COOL
Gilbert$576K+0.4%31WARM
Glendale$404K−1.8%33COOL
Tempe$461K−0.1%32COOL
Surprise$412K0.0%45COOL

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Sources & methodology

Median sale prices (metro and city) and days to pending are from Zillow Research. Active listings and price-cut share are from Realtor.com Research for the Phoenix–Mesa–Chandler metro. Each figure is labeled with its data month — sale-side data lags listing-side data by 1–2 months, which is normal.

Note (Aug 2026): this dashboard moved from Redfin Data Center to Zillow + Realtor.com after Redfin paused monthly data publication. Historical trend values were restated on the Zillow basis, so levels differ slightly from earlier editions.

30-year fixed mortgage rate from the Federal Reserve Bank of St. Louis — FRED series MORTGAGE30US.

Market Temperature is a composite indicator: 40% price-trend direction, 30% inventory direction, 30% DOM trend. HOT = sellers have strong leverage, multiple offers common. WARM = balanced market with seller's edge. COOL = buyer's market or softening.

Price Cuts = share of active listings that have had at least one price reduction (Realtor.com). Above ~25% signals strong buyer negotiating leverage. Days to pending = median days from listing to accepted offer (Zillow) — a faster-reacting demand signal than closed-sale DOM.

Year-over-year (YoY) compares this month vs the same month one year ago. Trend chart shows 12-month rolling median sale price.

Dashboard refreshed by Kayak Capital around the 15th of each month, after Zillow and Realtor.com post the prior month's data.

Data sources: Redfin Data Center · Federal Reserve Economic Data (FRED)
Built and maintained by Kayak Capital · Phoenix's most trusted hard money lender since 2013
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