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Are buyers active in Phoenix?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
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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