Year over year, South Phoenix shows slightly lower prices and a softer pace of sales. The typical home value in this rolling three-month view is down a bit from last year, while homes sold and pending sales have both declined. At the same time, inventory has thinned modestly, with active listings down and the share of homes selling above list ticking up compared with a year ago.
In the most recent rolling period ending in September 2026, buyers are seeing more breathing room than they did last year. Months of supply has climbed to 4.2, up more than a third year over year, and homes are taking longer to go under contract, with the median days on market now at 56 even after a double-digit decline from last year.
Conditions still lean toward sellers, with the market gauge indicating a seller’s market, but the balance is closer than before. Roughly 14 percent of recent sales closed above the asking price, and the average sale-to-list ratio sits just under 100 percent at about 98 percent. Compared with the broader Phoenix market, South Phoenix has a slightly lower typical value and a bit tighter inventory, which can shape both pricing and negotiation strategies. Whether you are buying or selling, Agent Pronto can connect you with a local agent who understands these trends and can help you navigate them effectively.
