Phoenix Real Estate Market Update – July 2025

July 2025 brought steady momentum to the Phoenix housing market, with continued demand from both local buyers and those relocating from other states. Inventory levels remained tight, keeping competition healthy and prices strong.

Market Highlights:

• Median Sale Price: $492,000 — up 2% from June 2025

• Average Days on Market: 36 days — slightly faster than last month

• Active Listings: 12% lower than July 2024, keeping it a seller’s market

Buyer Insight:
If you’ve been thinking about purchasing a home, summer in Phoenix can offer unique opportunities. While many buyers take vacations, fewer showings mean motivated sellers may be more willing to negotiate.

Seller Insight:
July’s strong pricing trend is a reminder that presentation matters. Homes that were staged and professionally photographed received, on average, 8% more in offers than those without.

Whether you’re buying or selling, staying informed on the latest numbers is key to making confident decisions. Let’s talk about how the current trends align with your real estate goals.