Greater Phoenix home sales rise in 2026 despite slower summer market

Even in a slower summer, the Greater Phoenix market continues to surprise us. Single-family home sales are up 5.1% year-to-date, showing that there’s still strong movement for buyers and sellers alike. While pending sales saw a slight 0.6% dip and new listings dropped 2.8%, the median price has nudged up 1% to $485,000, and inventory has grown by 1.3%. Different areas are seeing their own unique activity, which is why it’s so important to rely on experience and a service-driven approach. With over 20 years helping clients across the West Valley, I always keep a close eye on these shifts to make sure you’re equipped with the most up-to-date insights—whether you’re thinking about buying, selling, or just staying informed.