Market Intelligence Report — AZ-700

Nogales, AZ

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

Ref. No: 2026-AZ-09
As of the latest 2026 data
Very Weak

Median Listing

$356K
-1.0% YoY

Pending Ratio

0.20
-1.9% YoY

Active Inventory

284
+10.5% YoY

Median DOM

88 Days
-7.4% YoY

Primary Intelligence Tool — Sold Score™

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The Nogales, AZ market is currently categorized as Very Weak. The pending ratio stands at 0.20, indicating a significant imbalance between supply and demand. Median listing prices have seen a month-over-month decline of 5.0%.

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.

Inventory continues to expand, with active listings up 10.5% year-over-year. New listings also increased by 20.0% over the past year, further contributing to supply growth. Concurrently, the pending ratio declined by 1.9% year-over-year, reflecting reduced demand absorption. Median days on market decreased by 7.4% year-over-year, yet this is likely offset by increased inventory.

Historical Analysis

Market Trends

Median Price

$356K-5.0% MoM

Active Inventory

284+10.5% YoY

Days on Market

88-7.4% YoY

Sold Score™

28-1.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

28
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

With a pending ratio of 0.20, the market exhibits considerable inventory pressure and a slower pace of transactions. Price discipline may be challenged, given the month-over-month and year-over-year declines in median listing price. Buyers may find more room for negotiation due to elevated supply relative to demand.

Luxury Segment

The average listing price in Nogales has decreased by 8.1% year-over-year, while the median listing price declined by 1.0% over the same period. This suggests a weakening at the higher price tiers, further indicated by a year-over-year decrease of 2.8% in median $/sqft.

Supply Dynamics

284 active listings represent the current floor, with new supply arriving at roughly 60 per month.

Pricing Pressure
16.8%

of active listings carry a price reduction, +0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.8% year-over-year.

Absorption
0.20

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Nogales, AZ? Homes here are taking 7 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
20%
Median Days on Market
88 days
Inventory YoY
+11%

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