10/16/2026
Are new home builds 🏡 a better deal than resale in the Phoenix metro area? According to a recent analysis by Zillow, Phoenix is one of 17 cities where the price of a new home build ($239/SF average) is LESS than a resale home ($253/SF.)
💰 Add in builder financing incentives of 4.99% in many communities, and a new build may be the way to go if you are looking to get into an affordable home in this market.
Things to consider:
✅Location - many new communities are on the periphery of the metro area, with very few infill projects. Can you handle the commute? Are amenities in the community sufficient?
✅Length of Ownership - if you plan on moving within 5 years, buying a new build may not make sense. The incentives are nice, but don't forget, they cost money (would a price reduction in that neighborhood align with comps, instead of incentives?) And you may end up competing against a builder they may still be building new homes in the community over a few years.
If you want or need to move in Phoenix and are considering a new build, don't go it alone. New Home sales agents represent the BUILDER only. You need someone to guide you through the pitfalls and represent YOUR interests. And in almost all cases the builder will pay your agent for the representation. *I have NEVER seen them reduce the price or give added incentives for not having an agent*
Reach out for a walk-through of the pros and cons of buying a new build. Having worked as a new home sales agent for Pulte for years before I shifting into resale, I have a unique perspective to guide you through.
And if you'd like a breakdown of all the new home communities and incentives in the area you are focused on, we can send that to you so shoot us a DM!