Arizona's Buy-Side Real Estate Market: 2025 Analysis

By Shawn Craig

6 minute read

A view of Tucson, Arizona with cactus in the foreground

Arizona Market Snapshot: 2025

Arizona's single-family market followed a clear trajectory throughout 2025. Inventory climbed steadily through spring, peaking at 33,437 homes in May before contracting through year end to 27,235 homes. This 18.6% drop from peak inventory occurred alongside a notable shift in market balance. Months of supply fell sharply from 5.4 in January to 4.1 by March and held between 4.1 and 4.5 months through October before closing the year at 3.8 months, well below the 6-month balanced market threshold.

Median prices remained range-bound throughout the year. After opening at $470,900 in January and reaching a high of $472,400 in March, prices moderated to $457,800 in April before stabilizing in the $455,800 to $466,200 range from May through December. The year ended at $462,900, a 0.3% year-over-year decline. Days on market compressed from 71 in January to 58 in April before extending back to 70 by December, reflecting seasonal patterns and the market's gradual normalization from spring's heightened transaction pace.

The year's trajectory reveals a market that absorbed elevated inventory efficiently. Despite May's peak supply of 33,437 homes, buyer demand remained sufficient to tighten conditions progressively. By year end, Arizona's 3.8-month supply positioned the market in seller-favorable territory, supported by mortgage rates declining into the low-6% range.

Figure 1: Arizona's 2025 market showed a clear arc: inventory peaked in May at 33,437 homes before declining 18.6% by year end. Months of supply dropped sharply from 5.4 in January to 4.1 by March, moving conditions toward seller-favorable territory where they remained through December.

Arizona's Top 25 Buyer's Agents and Teams: 2025 Rankings

Agent Pronto/CINC has ranked Arizona's top 25 buyer's agents and teams based on total transaction volume in 2025. This proprietary buy-side data reveals both high-volume operators and luxury specialists among the state's top performers by dollar volume.

Rank

Agent/Team Name

Closings 2025

Total Sold 2025

Median Price 2025

1

Carin S Nguyen

312

$169.6M

$434K

2

The Gedalje Group

297

$164.4M

$450K

3

Katrina Barrett

45

$162.7M

$2.6M

4

Brandon Howe

228

$126.1M

$468K

5

Danny Kallay

273

$123.4M

$435K

6

Joshua A Peters

9

$59.3M

$6.0M

7

Mike Domer

16

$56.5M

$3.1M

8

Joan A Levinson

7

$56.0M

$6.5M

9

Daniel Wolski

25

$54.8M

$2.4M

10

Kristine Smith

129

$54.4M

$413K

11

John Bargnesi

108

$53.6M

$454K

12

Brock MacKenzie

9

$52.3M

$3.9M

13

Will Foote

11

$51.8M

$5.5M

14

Kenny Klaus

107

$51.5M

$400K

15

Michael Lehman

12

$48.7M

$4.0M

16

Kirk Linehan

17

$45.2M

$1.8M

17

Scott Grigg

7

$44.2M

$3.3M

18

Joanne L Hall

91

$43.8M

$471K

19

Bee M Francis

8

$43.3M

$4.8M

20

Christopher V Karas

13

$42.2M

$3.4M

21

Lonnie Lopez

16

$42.0M

$2.2M

22

Kirk Marshall

8

$41.9M

$5.0M

23

Geoffrey R Hyland

64

$40.7M

$561K

24

Nickie Knight

6

$38.8M

$4.1M

25

Clayton Denk

47

$38.7M

$825K

What the Data Shows

Arizona's top 25 by dollar volume shows two distinct paths to ranking. Eight agents and teams operate with median prices under $500,000, reaching the list through transaction count. Carin S Nguyen leads with 312 closings at a $434,000 median, followed by The Gedalje Group with 297 closings at a $450,000 median and Danny Kallay with 273 closings at a $435,000 median. At the opposite end, four agents and teams maintain median prices above $5 million, reaching the list through per-transaction value. Joan A Levinson closed seven transactions at a $6.5 million median, while Joshua A Peters closed nine at a $6.0 million median.

Katrina Barrett occupies a distinctive position on the list: 45 closings with a $2.6 million median, generating $162.7 million in total volume. This combination of meaningful transaction count and premium pricing places her third overall by dollar volume. Ten additional agents and teams in the top 25 operate with median prices between $2 million and $5 million, illustrating that a dollar-volume ranking naturally favors higher price points even when closings are modest.

The volume leaders tell their own story. The eight agents and teams with median prices under $500,000 combine for over 1,500 closings, with the top three alone accounting for 882 transactions. These producers reach the rankings through operational scale rather than per-transaction size. The full list spans median prices from $400,000 to $6.5 million, with both approaches generating enough total dollar volume to place among Arizona's top 25.

Conclusion

Arizona's 2025 market told a story of normalization and inventory absorption. After peaking at 33,437 homes in May, inventory declined 18.6% by year end as buyer demand tightened conditions progressively. The sharp drop in months of supply from 5.4 in January to 4.1 by March marked the critical transition toward seller-favorable territory, where the market remained through December at 3.8 months. Within this environment, the top 25 buyer's agents and teams closed over 1,800 transactions spanning from $400,000 to $6.5 million median prices, with volume leaders and luxury specialists both generating enough production to rank among the state's top performers by dollar volume.


Data Sources:

Market Data: Provided by Redfin, a national real estate brokerage.

Buy-Side Transaction Data: Provided exclusively by Agent Pronto/CINC, the industry's leading source for buyer's agent and team performance intelligence. Agent Pronto/CINC aggregates buy-side transaction data nationwide to deliver comprehensive rankings and performance metrics.

Disclaimer: While Agent Pronto/CINC makes every effort to ensure data accuracy, rankings are based on available transaction records and may not capture all buy-side activity. Agents or teams not included in these rankings may have comparable or superior performance not reflected in our data sources.

Analysis Period: January 2025 - December 2025

Photo of the article’s author, Shawn Craig

About the Author

With over 18 years in real estate and 25 years in sales and marketing, Shawn Craig brings a performance-driven approach to growth. As Head of Marketing at CINC, he oversees demand generation, brand strategy, and marketing analytics to optimize pipeline, revenue, and client retention.