Market Update
The Valley
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
- Med. Sales Price
- $479k
- 1% less than in
Q1 2025 - Avg. Days On Market
- 82
- 9% more than in
Q1 2025 - Closed Sales
- 14.7k
- 4% more than in
Q1 2025 - Inventory
- 18.4k
- 3% fewer than in
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $475k | $623k | 15447 |
| Q1 '23 | $443k | $590k | 10854 |
| Q1 '24 | $465k | $621k | 13630 |
| Q1 '25 | $485k | $680k | 14229 |
| Q1 '26 | $479k | $703k | 14748 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 53.7% |
|---|---|
| Q1 '26 | 7927 |
| Q1 '25 | 7484 |
| 1YR CHANGE | +6% |
| Closed $500k - $1m | 34.0% |
| Q1 '26 | 5017 |
| Q1 '25 | 5077 |
| 1YR CHANGE | -1% |
| Closed $1m - $2m | 8.2% |
| Q1 '26 | 1211 |
| Q1 '25 | 1152 |
| 1YR CHANGE | +5% |
| Closed Over $2m | 4.0% |
| Q1 '26 | 593 |
| Q1 '25 | 516 |
| 1YR CHANGE | +15% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 34 | $475k |
| Q1 '23 | 78 | $443k |
| Q1 '24 | 66 | $465k |
| Q1 '25 | 75 | $485k |
| Q1 '26 | 82 | $479k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
Rotate your device to view as table
'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-3%
New Listings
New Listings represents the number of properties listed during the quarter.
-0%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-6%
Closed Sales
4%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
9%
Ahwatukee
- Median
- $579k
- DOM
- 70
- Sales
- 215
- Inv
- 198
Anthem
- Median
- $545k
- DOM
- 81
- Sales
- 110
- Inv
- 175
Avondale
- Median
- $425k
- DOM
- 97
- Sales
- 192
- Inv
- 236
Buckeye
- Median
- $400k
- DOM
- 88
- Sales
- 642
- Inv
- 925
Carefree
- Median
- $1.45m
- DOM
- 90
- Sales
- 32
- Inv
- 53
Cave Creek
- Median
- $1.12m
- DOM
- 92
- Sales
- 34
- Inv
- 64
Chandler
- Median
- $550k
- DOM
- 67
- Sales
- 598
- Inv
- 540
Desert Mountain
- Median
- $2.98m
- DOM
- 149
- Sales
- 32
- Inv
- 137
Fountain Hills
- Median
- $740k
- DOM
- 100
- Sales
- 157
- Inv
- 187
Gilbert
- Median
- $581k
- DOM
- 68
- Sales
- 650
- Inv
- 701
Glendale
- Median
- $455k
- DOM
- 76
- Sales
- 394
- Inv
- 453
Goodyear
- Median
- $485k
- DOM
- 83
- Sales
- 480
- Inv
- 620
Litchfield Park
- Median
- $773k
- DOM
- 123
- Sales
- 12
- Inv
- 37
Maricopa
- Median
- $340k
- DOM
- 100
- Sales
- 393
- Inv
- 574
Mesa
- Median
- $490k
- DOM
- 69
- Sales
- 1,127
- Inv
- 1,015
Paradise Valley
- Median
- $5.45m
- DOM
- 94
- Sales
- 93
- Inv
- 189
Peoria
- Median
- $547k
- DOM
- 78
- Sales
- 625
- Inv
- 708
Phoenix
- Median
- $475k
- DOM
- 75
- Sales
- 3,292
- Inv
- 3,599
Queen Creek
- Median
- $648k
- DOM
- 97
- Sales
- 345
- Inv
- 485
Rio Verde
- Median
- $855k
- DOM
- 90
- Sales
- 22
- Inv
- 49
San Tan Valley
- Median
- $553k
- DOM
- 90
- Sales
- 114
- Inv
- 179
Scottsdale
- Median
- $1.2m
- DOM
- 88
- Sales
- 1,139
- Inv
- 1,698
Sun City West
- Median
- $365k
- DOM
- 84
- Sales
- 256
- Inv
- 235
Sun City, El Mirage
- Median
- $303k
- DOM
- 83
- Sales
- 232
- Inv
- 270
Surprise
- Median
- $425k
- DOM
- 88
- Sales
- 933
- Inv
- 1,289
Tempe
- Median
- $533k
- DOM
- 71
- Sales
- 238
- Inv
- 255