Phoenix Homebuyers Enjoy More Choices and Lower Prices

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We're seeing some real shifts in the Phoenix market: active listings are up 5.2%, thanks mostly to homes that aren’t moving as quickly. Median prices have dipped 4.8% to $475,000, and nearly 28% of sellers have cut their asking price. On average, homes are now taking 67 days to sell—longer than the national norm.

What does this mean if you’re thinking of selling? The "list it and wait" approach isn’t going to cut it. With more inventory and buyers having more choices, pricing strategy and strong negotiation matter more than ever. I rely on real ARMLS data to set the right price and use creative options—like seller financing or tailored terms—when the standard route isn't enough. Whether you’re aiming to maximize your equity or need solutions for a property that’s become a burden, you deserve straight answers and a real plan. There’s always a path forward, even in a market that feels in flux.

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