Home Values0 views · 1 answer

Are sellers cutting prices in Phoenix?

Phoenix snapshot

As of the latest 2026 data
Median listing
$475K
YoY -0.0%
Active inventory
17,707
YoY +0.1%
Median DOM
67
YoY -0.0%
Pending ratio
0.34
YoY -0.0%
Price-reduced
27.6%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

Yes, sellers in Phoenix are cutting prices. Nearly 28% of homes for sale have recently dropped their asking price. The overall median listing price has also fallen recently.

Featured experts in this market

Related questions