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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 August 11, 2026
Next refresh: September 15, 2026
View Charleston dashboard →
Market Temperature
COOL
Softening — buyers have room
Price Cuts
28.1%
Share of active listings with a price cut (Jul)
Median sale price (May)
$455K
▼ −0.7% YoY
Days to pending (Jun)
34
■ flat YoY
Active listings (Jul)
17,659
▼ −2.7% YoY
30-yr fixed mortgage
6.69%
▲ +0.06% YoY
Median sale price trend: $450K (Jun 2025) to $455K (May 2026).
Source: Zillow Research (metro-level median sale price), pulled August 11, 2026
Barry's Take · August 2026
The story this month is price cuts — 28% of active listings have taken one, and days-to-pending sits at 34. Median prices are flat-to-down year-over-year, which means sellers are negotiating instead of the whole market repricing. That's an investor's setup: comp conservatively (60-day comps, not 6-month), bid below list without embarrassment, and move fast when a motivated seller shows their hand. Rates are parked at 6.69% — retail demand won't rescue thin deals, so buy the discount, not the appreciation.
— Barry Luchtel, Kayak Capital

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CityMedian PriceYoYMedian DOMTemp
Phoenix$425K+1.4%27WARM
Scottsdale$885K+2.3%43WARM
Mesa$426K−2.1%29COOL
Chandler$500K−5.7%28COOL
Gilbert$566K−1.3%23COOL
Glendale$415K+1.2%25WARM
Tempe$480K−8.0%24COOL
Surprise$416K−2.2%41COOL

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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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