Summer 2025 Market Update

Arizona Housing Market Update: Buyer Power Growing as Market Shifts

Here’s a quick snapshot of what’s happening in the Arizona housing market this month

The market is continuing to shift in favor of buyers. Many Valley cities—including Scottsdale, Phoenix, Chandler, Gilbert, and Glendale—are becoming less favorable for sellers, while only a few markets like Fountain Hills remain strong for those listing their homes. Currently, just three cities are still considered seller’s markets, with most areas now balanced or leaning toward buyers.

Inventory has stabilized, but overall demand is still soft. The luxury segment is seeing a bit more activity, thanks to recent stock and crypto gains, though this hasn’t translated to higher prices across the broader market. Mortgage rates have dipped just below 7%, but hopes for rates in the 5% range remain unlikely. Builders are actively attracting buyers with incentives like rate buy-downs to 5%, though many report slower-than-expected sales this spring.

If you’re thinking about making a move—or just want to know what this means for your home—feel free to reach out. We’re happy to walk you through the latest trends and opportunities.