10/14/2026
Arizona Housing Forecast 2026–2027
Having spent years guiding clients through Arizona’s ever-shifting real estate landscape, I’ve learned that every market tells its own story—and right now, Greater Phoenix’s is all about opportunity, strategy, and resilience. With the median sale price steady at $445K as of mid-Q3 and around 23,400 active listings (roughly 4.3 months of supply), buyers are finding more breathing room. List prices have softened, while closed prices stay steady, opening the door for savvy negotiation—whether it’s credits, buydowns, inspection wiggle room, or getting more value per square foot.
Builders, not surprisingly, are spicing things up with incentives, so it’s wise to compare your true monthly cost when weighing resale versus new construction. For sellers, the playbook has shifted: price your home based on the past 45 days of local comps, anticipate concessions, and consider a reset if your property lingers past 60-70 days on the market.
Looking ahead to early 2027, the forecast calls for steady to slightly softer sale prices, continued room for negotiation, and a watchful eye on mortgage rates near 7%, plus builder buydowns, insurance, and those Arizona cooling costs. Having grown up on a Colorado farm and honed my negotiation skills from an early age, I believe in hard work and creative problem-solving—values I bring to every transaction. Whether you’re buying or selling, my approach is grounded in teamwork and finding the right path forward in any market.
