Estate: Phoenix Real

Glendale ($400k median) and Mesa ($420k median).

As of April 2026, the Phoenix real estate market is settling into a "split" phase, where demand remains strong for well-located, properly priced homes, while overpriced or less desirable properties sit on the market longer.

A 0.5% increase in existing home sales is projected for 2026 compared to 2025. Key Tips for Buyers PHOENIX REAL ESTATE

To make this information more actionable for you, are you looking to:

Buyers have more leverage on homes that have been on the market for an extended period. Glendale ($400k median) and Mesa ($420k median)

South Phoenix ($375k median) and Avondale ($380k median) due to infrastructure improvements. Investor Hotspots

Inquire if a home is block or frame/wood construction . Block homes, common in the 60s-80s, offer better insulation against desert heat, while 2x6 frame construction is preferred over 2x4 for energy efficiency. Key Tips for Buyers To make this information

While inventory has increased, it is not anticipated to create a severe buyer's market, as demand for clean, functional homes continues.