Are buyers active in Phoenix?

Buyer demand in Phoenix is **actively shopping** as of May 2026. The pending ratio is 0.41 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 60 days to go under contract. Inventory is -4.1% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 50.8% of listings have cut price. Overall, the Primpted Sold Score for Phoenix is 42/100 (Fair Chance of Selling). — Live indicators (May 2026): Sold Score: 42/100 (Fair Chance of Selling) · Pending ratio: 0.41 · Inventory YoY: -4.1% · Median days on market: 60 · Sellers cutting price: 50.8% · Median listing price: $489,500 (-5.9% YoY)