Phoenix’s rolling three-month data through September 2026 shows some sharp month-over-month adjustments. Typical home values roughly doubled over this period, while median list prices moved lower, suggesting sellers may be pricing more conservatively even as closed-sale values jump.
Homes are taking much longer to sell than a month ago. Median days on market climbed to 83, more than doubling month over month. Months of supply eased slightly from earlier in the summer but is still over 10, signaling ample inventory for the small number of buyers in play.
Looking back a year adds more context, with typical home values up dramatically compared with the same three-month period in 2025, even though homes sold are down sharply and new listings have also declined. Months of supply in Phoenix has surged compared with last year’s rolling period, in contrast to the broader Jacksonville market, where inventory has tightened and months of supply sits just over four. No recent sales in Phoenix closed above list price, yet the average sale-to-list ratio has inched higher from a year ago, indicating buyers are still paying close to asking. With these mixed signals for pricing, pace, and inventory, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands this neighborhood’s shifting dynamics.
