fromwww.housingwire.com
5 days agoHalf of Phoenix homes now see price cuts
The PhoenixMesaGlendale metro housing market presents a striking paradox: while 48.99% of active listings have reduced prices, the median list price holds firm at $522,000, sitting 20% above the national median of $435,000. This pricing dynamic signals a market recalibration where sellers are adjusting expectations despite maintaining relatively high price points. The Arizona metro recorded 16,811 active single-family homes as of Oct. 31, 2025, with 1,158 new listings entering the market during the week.
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