Weekly Market Updates
Market Updates • Design + Build Tips • Local Central Phoenix & Scottsdale Living
Buyer Momentum Holds Strong Across Greater Phoenix Housing Market
The number of cities trending in favor of buyers has slipped slightly from sixteen to fifteen over the past week, while three cities are now moving in favor of sellers. Although that shift suggests mild stabilization, the broader trend still favors buyers. The average change in the Cromford Market I
How to Increase Home Value Before Selling in Phoenix
If you’re planning to sell your home in Phoenix, the right renovations can significantly increase your resale value and help your property stand out in a competitive market. The key is focusing on upgrades that buyers notice immediately and appraisers can justify on paper. As both a Realtor and Lice
Buyer Momentum Accelerates Across Greater Phoenix Housing Market
Over the past week, the number of cities shifting in favor of buyers has increased from thirteen to sixteen, leaving only two cities moving in a direction favorable to sellers. The average change in the Cromford Market Index has declined by 6.0 percent, a much steeper drop than last week’s 3.6 perce
Why Phoenix Home Prices Are Splitting in Two and Which Regions Are Winning
Over the past several years, pricing trends across the Valley have increasingly diverged, especially between luxury-focused areas and the rest of the market. A newly released chart tracking median sales prices by region rather than by city or ZIP code highlights this split clearly. While overall dol
Seller Momentum Returns to Phoenix Secondary Markets
Over the past month, conditions across these secondary markets have improved modestly for sellers. Previously, the balance of movement favored buyers, with more cities showing red than green. That picture has now flipped. Green indicators now outnumber red by a margin of seven to five, signaling a g
Phoenix Housing Market Year Over Year Comparison January 2026
A year-over-year comparison of ARMLS data shows that the Greater Phoenix housing market has changed only modestly since this time last year. Looking at all property types and areas, supply is clearly higher. Active listings are up nearly 10 percent compared with January 2025, and the average price p
Housing Market Shifts Toward Single-Family Homes as Foreclosures Slowly Rise
The latest data shows a clear shift in buyer preference away from apartment-style homes and toward single-family detached properties. Apartment-style sales declined by 12 percent compared with the prior year, while single-family detached homes saw a 5 percent increase in sales. That kind of divergen
Banning Institutional Home Buyers Would Change Little in Today’s Housing Market
The proposal to ban institutional investors from purchasing homes has gained renewed attention, but turning this idea into law would be far more complex than announcing it. Defining what qualifies as an institutional investor is legally tricky. Large Wall Street firms are easy to identify, but many
December Market Update Shows Continued Strength for Phoenix Area Sellers
The real estate market continued to strengthen for most sellers throughout December, reinforcing the positive momentum that has been building in recent weeks. Of the eighteen cities tracked, only Paradise Valley experienced a decline in market conditions over the month. Sixteen cities improved for s
Phoenix Sellers See Strong Holiday Boost as Market Momentum Builds
The holiday season delivered a welcome boost for sellers across Greater Phoenix, with market conditions improving in nearly every city. The Cromford Market Index moved higher in 17 of the 18 tracked cities over the past month, and in twelve of those cities the increase exceeded ten percent. This bro
Condo and Townhome Sales Hit Lowest Level Since 2009
The condo and townhome sector continues to contract, and the latest annual sales numbers make that trend clear. While some nearby markets have shown encouraging momentum in other property types, attached housing is moving in the opposite direction. The most recent annual total stands at 9,259 sales,
Phoenix Area Sellers Gain Momentum as CMI Jumps to +8.6%
The housing market continues to lean in favor of sellers this week. Demand is climbing, while supply is trending lower, pushing the market balance further toward sellers. Green indicators dominate again, with 15 cities showing improvement for sellers versus only 3 favoring buyers. The average month-
Record Phoenix Home Prices: Why Price Per Square Foot Just Spiked Past $318
The average price per square foot in Greater Phoenix just hit a record high of $318.38, up from $296.87. While this figure reflects only one week of closings, it’s still based on 1,243 transactions, which is enough to flag a real trend. So what’s driving this sudden spike in $/SF? Surprisingly, sale
Are FHA Loans the New Sub-Prime? Not So Fast.
Some recent claims circulating online suggest that FHA loans are “the new subprime,” warning of high default risk and market instability. While FHA loans do carry higher delinquency rates than conventional loans, that’s by design; they’re meant to help riskier borrowers, such as first-time buyers, e
How Builders Are Winning the Market with Mortgage Rate Buydowns
Over the past few years, new home builders in Maricopa County have held their ground better than the resale market by leaning heavily on mortgage rate buydowns. After 30-year mortgage rates spiked from 3.9% to over 7% in 2022, builders began subsidizing rates to ease monthly payments for buyers, a p
Phoenix Housing Market Snapshot: Buyer Momentum Slows Across Valley
The latest housing data across Greater Phoenix shows a more balanced market than we've seen in recent weeks. Nine cities became more favorable for buyers over the past month, while the other nine shifted in a direction more favorable for sellers. Gilbert, Queen Creek, and Maricopa jumped from red (b
Why Arcadia Remains Phoenix’s Most Desired Neighborhood in 2025
Few neighborhoods in Phoenix hold their value and appeal like Arcadia. From the palm-lined streets and citrus trees to mountain views and walkable dining, Arcadia represents a lifestyle that blends old-Phoenix charm with modern luxury. Even in a shifting market, this neighborhood continues to set th
Modern Home Design Trends 2025 | Phoenix Renovation and Remodel Ideas
6 Modern Home Design Trends Phoenix Homeowners Should Invest In for 2025 Phoenix homeowners are embracing design that blends modern style, function, and durability. Whether you’re renovating to sell or upgrading your forever home, choosing the right design and build features can increase comfort, ef
October 2025 Maricopa Housing Market Recap: Re-Sales Rise, New Builds Dip
The October affidavits of value for Maricopa County are in, revealing a mixed performance across the housing market. A total of 6,059 properties closed during the month, a slight 1.5% drop compared to October 2024, but still a 2.1% improvement over September 2025. Breaking it down, resale transactio
Phoenix Luxury Market 2025 | Camelback Corridor & Biltmore Area Insights
🌴 Phoenix Living Re-imagined: Why Buyers Are Choosing the Camelback Corridor & Biltmore Area For many buyers in the Phoenix region, the appeal of the Camelback Corridor and Biltmore area isn’t just about square footage; it’s about lifestyle, location, and long-term value. In 2025, this sub-market c

Nick Calamia
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