Local Market0 views · 1 answer
Are buyers active in Phoenix?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 40/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.32
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 62
- YoY days on market
- Price cuts
- 49.8%
- YoY of active listings
Buyer demand in Phoenix is **actively shopping** as of September 2026. The pending ratio is 0.32 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 62 days to go under contract. Active inventory is +7.5% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 49.8% of listings have cut price. Overall, the Primpted Sold Score for Phoenix is 40/100 (Challenging Market Conditions).
— Live indicators (September 2026): Sold Score: 40/100 (Challenging Market Conditions) · Pending ratio: 0.32 · Inventory YoY: +7.5% · Median days on market: 62 · Sellers cutting price: 49.8% · Median listing price: $475,000 (-4.8% YoY)
Phoenix snapshot
As of the latest 2026 data- Median listing
- $475K
- YoY -0.0%
- Active inventory
- 18,437
- YoY +0.1%
- Median DOM
- 62
- YoY -0.0%
- Pending ratio
- 0.32
- YoY -0.0%
- Price-reduced
- 29.0%
- YoY +0.0%
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