Market Intelligence Report — AZ-700

Nogales, AZ

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

Ref. No: 2026-AZ-08
As of the latest 2026 data
Very Weak

Median Listing

$375K
+2.2% YoY

Pending Ratio

0.23
+0.3% YoY

Active Inventory

275
+5.4% YoY

Median DOM

87 Days
-6.5% YoY

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The Nogales market is currently classified as Very Weak, primarily driven by a low pending ratio of 0.23, indicating significant imbalance between demand and available inventory. This suggests that demand absorption is severely lagging supply in the most recent period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Nogales market right now.

Active listings have seen a notable increase of 5.4% year-over-year, alongside a 6.7% rise in new listings, contributing to a looser supply environment. While the median listing price experienced a modest year-over-year increase of 2.2%, the average listing price declined by 7.2%, suggesting potential shifts in market composition or price discovery dynamics at higher tiers. Median days on market decreased by 6.5% over the past year, though this metric remains elevated. The pending ratio saw a slight year-over-year increase of 0.3 percentage points, but from a very low base, failing to significantly alter market dynamics.

Historical Analysis

Market Trends

Median Price

$375K-0.3% MoM

Active Inventory

275+5.4% YoY

Days on Market

87-6.5% YoY

Sold Score™

30+0.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

30
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

In this environment, inventory pressure is minimal, allowing for more protracted negotiations. The low pending ratio implies that purchasers have ample selection and can exercise greater price discipline. The pace of transactions is slow, with a diminished sense of urgency for buyers.

Luxury Segment

An elevated average listing price ($629,549) significantly exceeding the median ($375,000), coupled with a year-over-year decline in the average listing price (-7.2%) despite a slight rise in median price, suggests softening at the higher end of the market. This indicates potential price pressure or reduced demand for more expensive properties.

Supply Dynamics

275 active listings represent the current floor, with new supply arriving at roughly 64 per month.

Pricing Pressure
13.8%

of active listings carry a price reduction, +0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.5% year-over-year.

Absorption
0.23

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Nogales, AZ? Homes here are taking 6 days less to sell than last year.

Buyers have leverage in Nogales, AZ. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
23%
Median Days on Market
87 days
Inventory YoY
+5%

In a buyer's market, strategy beats timing. See how your home scores in Nogales, AZ and what moves the number.

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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 0.23 with median days on market at 87.

  • Are home prices dropping in Nogales?+

    Median listing price is $375K, +2.2% year over year. 13.8% of active listings carry a price reduction.

  • How fast are homes selling in Nogales?+

    The typical listing sits 87 days on market, a -6.5% change YoY. New listings are arriving at 64 per month.

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

    An elevated average listing price ($629,549) significantly exceeding the median ($375,000), coupled with a year-over-year decline in the average listing price (-7.2%) despite a slight rise in median price, suggests softening at the higher end of the market. This indicates potential price pressure or reduced demand for more expensive properties.

  • 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