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Phoenix Housing Market Surges Past National Trends Again in 2025

The Phoenix housing market is once again beating national averages—this time with stronger sales, rising equity, and more buyers qualifying for homes despite modest price increases. According to AZ Big Media and data from Phoenix REALTORS®, nearly every major metric is pointing upward.

Young couple receiving house keys from real estate agent

Year‑to‑date closed sales, pending sales, new listings, and the median price of single‑family homes all increased, highlighting a strong—and strengthening—Valley market. Phoenix continues to outperform the national housing landscape by a wide margin.

Source Spotlight: Want to explore the original report? View it directly on AZ Big Media, one of Arizona’s most trusted business and real estate news hubs.

Valley Momentum Outpaces the Nation

Greater Phoenix saw a 3.8% increase in closed sales in the first ten months of 2025 compared to 2024. Year‑over‑year, October 2025 alone saw a 4.9% jump—crushing the national rise of just 1.5%.

More than 52,000 homes have sold so far this year, with just over 51,000 pending. Meanwhile, new listings surged by 8%, far better than the national decline of 0.8%.

The median price for a single‑family home hit $480,000—matching the national average—though Phoenix saw a slight 0.4% increase while the nation remained flat. Even with this price bump, Phoenix remains more affordable than expected: the housing affordability index improved from 69 to 71, meaning more buyers can qualify.

Pro Tip for Real Estate Agents: Markets like Phoenix are ideal for new agents or those adding a second license. If you’re expanding your real estate career—whether into Arizona, Florida, or nationwide—Cameron Academy offers flexible licensing paths designed to keep you competitive.

City-by-City Breakdown

Phoenix

Inventory sits at a tighter 3.8‑month supply compared to the metro’s 4.4 months. Closed sales rose 1.8% and new listings increased 5.4%. Prices remain steady at $485,000, but days on market jumped from 55 to 66.

Scottsdale

The luxury magnet continues its climb. Median prices rose 3.5% to $1.18 million, inventory rose to 4.8 months, and closed sales surged 5.7%.

Mesa

Mesa saw a notable 28.3% increase in days on market, but still moves homes faster than the regional average. Prices held steady at around $490,000, while both closed sales and listings nudged upward.

Gilbert

A mixed but healthy market: new listings rose 11.4%, pending sales 4.7%, and closed sales 8.2%. Prices dipped slightly to $595,000.

Goodyear

One of the biggest winners of the year: closed sales jumped 27.2%, pending sales 24.4%, and listings 16.9%. Prices dipped slightly to $475,000.

Peoria

Peoria posted a 5.6% rise in closed sales and an 11.3% jump in listings. Prices edged down 1.5% to $529,000 as days on market rose to 72.

Surprise

New listings soared 14.1%, closed sales rose 6.1%, and pending sales climbed 3.7%. The city now holds a 4.8‑month supply of inventory, surpassing the market average.

For more insights straight from the source, visit the official Phoenix REALTORS® website.

As the Valley continues to lead national trends, professionals—from agents to investors—are positioning themselves for a strong 2025. And for those looking to break into real estate or expand into additional states, educational support from institutions like Cameron Academy remains essential to staying competitive in a rapidly shifting housing landscape.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

A New Era in Real Estate: The Ultimate CRM Tools for 2024

In the dynamic world of real estate, where relationships are the cornerstone of success, the right Customer Relationship Management (CRM) software can be a game-changer.

By |October 13, 2024|Categories: Article, CRM Software, Real Estate|Tags: , |0 Comments
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Florida’s Real-Estate Market Faces Turmoil Amid Back-to-Back Hurricanes

As Florida braces for the impact of Hurricane Milton, the state's real-estate market finds itself in a precarious position. This powerful Category 4 storm, following closely after Hurricane Helene, threatens to exacerbate an already volatile situation.

By |October 13, 2024|Categories: Article, Natural Disasters, Real Estate|Tags: , |0 Comments
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Jersey City Tops 2024 Apartment Investment List Amid New York Metro Challenges

Jersey City, New Jersey, has emerged as the top prospect for apartment investment in 2024, according to real estate professionals, despite a backdrop of population decline in the New York metro area.

By |October 13, 2024|Categories: Article, Investment, Real Estate|Tags: |0 Comments
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The Best CRM for Real Estate of 2024: A Comprehensive Guide

In the ever-evolving world of real estate, maintaining strong relationships is the cornerstone of success. Realtors are increasingly turning to Customer Relationship Management (CRM) software to streamline their operations and enhance client interactions.

By |October 13, 2024|Categories: Article, CRM Software, Real Estate|Tags: , |0 Comments
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Federal Reserve Rate Cut: Impact on Housing Market

Mortgage rates, which soared to nearly 8% last year, have already begun to decline, even before the Fed's official announcement. Currently, long-term fixed-rate mortgages are hovering around 6.2%, the lowest since February 2023. However, experts like Charlie Dougherty from Wells Fargo suggest that while rates might dip slightly, significant reductions are unlikely in the immediate future.

By |October 13, 2024|Categories: Article, Economics, Real Estate|Tags: |0 Comments
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Binance Integrates USDT on TON: A New Era for Stablecoin Transactions

In a groundbreaking move, Binance has announced the integration of Tether's USDT token on The Open Network (TON), a development that promises to enhance liquidity and reduce transaction fees for its users.

By |October 13, 2024|Categories: Article, Blockchain Technology, Cryptocurrency|Tags: , |0 Comments
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By checking the optional box below, you expressly consent to receive marketing text messages from Cameron Academy at the number you provided, about real estate education, course enrollment, licensing exam preparation, and continuing education offers. Consent is not a condition of purchase, registration, or enrollment. Message frequency varies. Message and data rates may apply. Reply Stop to cancel at any time or Help for help. See our Privacy Policy for how your information is handled. Additionally, by checking the box below, you expressly consent to receiving marketing calls at the number you provided, including by auto-dialer, pre-recorded or artificial voice, from Cameron Academy about real estate education related matters, but not as a condition of purchase. This consent applies even if you are on a corporate, state or national Do Not Call List.

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