Market Intelligence Report — AZ-700

Nogales, AZ

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AZ-05
As of the latest 2026 data
Very Weak

Median Listing

$359K
-4.3% YoY

Pending Ratio

0.22
+0.5% YoY

Active Inventory

292
-2.3% YoY

Median DOM

80 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

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Nogales, AZ is currently a Very Weak market, characterized by a pending ratio of 0.22, indicating severe lagging demand absorption. Active listings declined by 2.3% year-over-year, while the median listing price experienced a 4.3% year-over-year contraction.

Market Analysis

What's moving the Nogales market right now.

The market is experiencing a significant slowdown in new inventory, with new listings contracting by 18.8% year-over-year. Despite this, overall demand remains suppressed as evidenced by the 0.22 pending ratio. Median days on market remained stable year-over-year at 80 days, suggesting a consistent pace for transactions that do occur. The year-over-year decline in median listing price points to ongoing price adjustments in the market.

Historical Analysis

Market Trends

Median Price

$359K+2.2% MoM

Active Inventory

292-2.3% YoY

Days on Market

80+0.0% YoY

Sold Score™

31+0.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market conditions suggest that sellers face considerable pressure, as the low pending ratio indicates that a limited proportion of active listings are moving to contract. This environment necessitates price discipline and may extend the marketing period for properties. Buyers, conversely, may encounter less urgency in decision-making and potentially more opportunity for negotiation on price.

Luxury Segment

The average listing price decreased by 16.3% year-over-year, significantly underperforming the 4.3% year-over-year decline in the median listing price. This disparity, coupled with a 0.6% year-over-year increase in median $/sqft, suggests potential softness at the higher price tiers of the market.

Supply Dynamics

292 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, -1.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.6% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

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Metro Demographics

Metro Area
Nogales, AZ
CBSA Code
35700
State
AZ
Analysis FAQ
  • What is the current market condition in Nogales?+

    As of the latest 2026 data, the Nogales metro is classified as Very Weak. Pending ratio is 0.22 with median days on market at 80.

  • Are home prices dropping in Nogales?+

    Median listing price is $359K, -4.3% year over year. 15.3% of active listings carry a price reduction.

  • How fast are homes selling in Nogales?+

    The typical listing sits 80 days on market, a +0.0% change YoY. New listings are arriving at 52 per month.

  • What's happening in the Nogales luxury market?+

    The average listing price decreased by 16.3% year-over-year, significantly underperforming the 4.3% year-over-year decline in the median listing price. This disparity, coupled with a 0.6% year-over-year increase in median $/sqft, suggests potential softness at the higher price tiers of the market.

  • Where can I find a trusted Nogales real estate expert?+

    Primpted maintains a vetted registry of Nogales agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 35700 · 36mo history