My Monthly Market Summary

Markets Overall Housing Market Summary (Beginning of August 2026) The Numbers: Active Listings: 24,049 versus 24,091 last year – down 0.2% – and down 2.1% from 24,566 last month   Under Contract: 7,146 versus 7,369 last year – down 3.0% – but down 12.3% from 8,144 last month   Closed Monthly Sales: 6,417 versus 6,214 last year – up 3.3% – but down 11.7% […]
Buying The Housing Market Is Stronger Than You Think July 2026 You’ve probably heard plenty of doom and gloom about the housing market lately. High rates. Stretched budgets. Headlines that make buying or selling sound like a terrible idea. But the data tells a very different story. This isn’t 2020 or 2021. It was never going to be. Those were the “unicorn years” – historic low […]
My Monthly Market Summary July Phoenix Area Housing Market Update 2026 Overall Housing Market Summary (Beginning of July 2026) The Numbers: *Active Listings: 24,566 versus 25,683 last year – down 4.3% – and down 3.6% from 25,488 last month *Under Contract: 8,144 versus 7,702 last year – up 5.7% – but down 4.5% from 8,532 last month *Closed Monthly Sales: 7,257 versus 6,647 last year – […]
My Monthly Market Summary Phoenix Metro Housing Market Summary June 2026 Here are the basics – the ARMLS numbers for June 1, 2026 compared with June 1, 2025 for all areas & types: Active Listings: 25,488 versus 26,580 last year – down 4.1% – and down 1.6% from 25,908 last month Under Contract Listings: 8,532 versus 7,936 last year – up 7.5% – but down 12.5% from […]
My Monthly Market Summary Market Summary for the Beginning of May 2026 Big Picture: What’s Going On? This is a mixed market—not strongly favoring just buyers or sellers. Demand is stable but not strong Prices are slightly up year-over-year, but cooling month-to-month Inventory (homes for sale) has likely peaked and is starting to level off Key Numbers — Explained Simply Inventory (Homes for Sale) Slightly lower than […]
Markets Market Summary for the Beginning of April 2026 Here are the basics – the ARMLS numbers for April 1, 2026 compared with April 1, 2025 for all areas & types: Active Listings: 25,571 versus 24,990 last year – up 2.3% – and up 0.3% from 25,502 last month Under Contract Listings: 9,799 versus 9,113 last year – up 7.5% – and up 12% from […]
My Monthly Market Summary Market Summary for the Beginning of March 2026 Here are the basics – the ARMLS numbers for March 1, 2026 compared with March 1, 2025 for all areas & types: Active Listings: 25,502 versus 23,934 last year – up 6.6% – and up 3.7% from 24,593 last month Under Contract Listings: 8,720 versus 8,471 last year – up 2.9% – and up 15% from […]
Markets Market Summary for the Beginning of February 2026 Here are the basics – the ARMLS numbers for February 1, 2026 compared with February 1, 2025 for all areas & types: Active Listings: 22,593 versus 22,432 last year – up 9.6% – and up 9.7% from 22,428 last month Under Contract Listings (including Pending): 7,564 versus 7,403 last year – up 2.2% – and up […]
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Buying Mid-Month Market Update from Shawn 1-19-2026 The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate eased to 6.06% this week, down from 6.16% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 7.04%. The last time the average rate was […]
Markets Phoenix Housing Market For 2026 Outlook What is Phoenix Metro Housing looking like for 2026?  Up or Down? The Phoenix Metro Outlook for 2026 calls for moderate, sustainable home price growth shaped by continued demand, easy rates, and balanced inventory dynamics.  Affordable and mid-range homes are expected to outperform luxury segments in price gains.  The market is shifting toward balanced growth […]
Buying My last Mid-Market update for 2025 from Shawn As the year comes to a close, I want to extend my deepest gratitude to every client I’ve had the privilege to serve— past present, and future. Your trust in me is the greatest gift. Merry Christmas and Happy New Year!  May your home be filled with love, laughter, and unforgettable moments this holiday season. Optimism Emerges […]
Markets Market Summary for the Beginning of December 2025ut first…….. As the year comes to a close, I want to extend my deepest gratitude to every client I’ve had the privilege to serve— past, present, and future. Your trust in me is the greatest gift.  Merry Christmas and Happy New Year!  May your home be filled with love, laughter, and unforgettable moments this holiday season. […]
Markets Phoenix Mid Nov Market Update from Shawn 2025 As we approach the holiday season, I want to take a moment to express my gratitude to all of my clients—past, present, and future. Your trust and support mean the world to me, and it’s truly a privilege to assist you in making one of the most important decisions of your life. Wishing you and […]
Markets Market Summary for the Beginning of November 2025 Hello to all my fans!  Here we are well into the 4th quarter —where are things going? Here are the basics – the ARMLS numbers for November 1, 2025 compared with November 1, 2024 for all areas & types: Active Listings: 29,052 versus 24,127 last year – up 20% – and up 5.4% compared with 27,567 […]
Markets Market Summary for the Beginning of October 2025 “Downward pricing pressure is likely to persist through the end of the year unless interest rates experience a significant decline. There was a 2-week uptick in buyer traffic and sales in September, as rates came down to the 6% range for conventional loans and 5.5% for VA & FHA loans. Since then, the rates have […]
Buying Market Summary for the Beginning of August 2025 Hello to all my fans….. Here are the basics – the ARMLS numbers for September 1, 2025 compared with September 1, 2024 for all areas & types: Active Listings: 23,238 versus 18,430 last year – up 28% – but down 2.2% from 24,091 last month Under Contract Listings (including Pending): 7,260 versus 6,658 last year – […]
My Monthly Market Summary Market Summary for the Beginning of August 2025 Here are the basics – the ARMLS numbers for August 1, 2025 compared with August 1, 2024 for all areas & types: Active Listings: 24,091 versus 17,484 last year – up 38% – but down 6.2% from 25,683 last month Under Contract Listings (including Pending) 7,369 versus 7,287 last year – up 1.1% – but down […]
My Monthly Market Summary July Phoenix Housing Market Update 2025 Market Summary for the Beginning of July Here are the basics – the ARMLS numbers for July 1, 2025 compared with July 1, 2024 for all areas & types: Active Listings: 25,683 versus 18,121 last year – up 42% – but down 3.4% from 26,580 last month Under Contract Listings: 7,702 versus 7,402 last year – […]
Markets Phoenix Housing Market Report for May 1, 2025 Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]
Markets Phoenix Housing Market Update May 1, 2025 Our markets have taken a downturn, and I expect downward pressure to persist at least through the 4th quarter. This, however, presents a great opportunity for homebuyers who have been waiting for more favorable terms and better pricing. As the economy slows, interest rates should ease, providing further benefits for homebuyers. Now is the time […]