Home Values0 views · 1 answer
Are sellers cutting prices in Phoenix?
Phoenix snapshot
May 2026- Median listing
- $498K
- YoY -0.1%
- Active inventory
- 19,514
- YoY -0.0%
- Median DOM
- 60
- YoY +0.0%
- Pending ratio
- 0.41
- YoY -0.0%
- Price-reduced
- 28.2%
- YoY -0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
Yes, sellers in Phoenix are cutting prices. Almost three out of ten homes on the market had a price drop in May.
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