Current Market Overview
As of September 16, 2026, the Arizona real estate market shows a dynamic landscape, particularly in major areas like Phoenix and Scottsdale. With active residential listings exceeding 50K, the numbers reflect both opportunities and challenges for buyers and sellers alike.
In Phoenix, there are currently 3,989 active listings, while Scottsdale boasts 1,906 active listings. These figures indicate a healthy inventory level, especially for those searching for homes in vibrant communities. Other notable areas include Mesa with 1,750 listings, Peoria at 849, and Gilbert with 809. Each of these cities offers unique attributes that cater to diverse lifestyles and preferences.
Market Trends and Insights
The data from the Arizona Regional Multiple Listing Service (ARMLS) indicates a mix of opportunities across price ranges. In Scottsdale, listings are segmented as follows:
- Under $750K: 782
- $750K - $1.5M: 495
- $1.5M - $3M: 348
- Over $3M: 281
This segmentation suggests a strong market for both entry-level buyers and luxury home seekers. The high number of listings under $750K indicates that there's still a competitive segment for first-time buyers and investors. Meanwhile, the luxury market remains robust, with over 600 listings in the higher price brackets.
In Phoenix, the landscape is equally diverse, with 2,390 listings under $500K and 1,128 listings in the $500K to $1M range. This makes Phoenix an attractive option for budget-conscious buyers, while the luxury segment also sees 471 listings priced over $1M.
New Listings and Pending Sales
In the past week, new listings have surfaced across various cities, with Phoenix leading the way with 118 new listings. Scottsdale follows with 92 new listings, which shows that the market is actively refreshing itself. This influx can create opportunities for buyers to find fresh listings in desirable neighborhoods. Other cities with new listings include Chandler with 27 and Tempe with 16.
Pending sales also reflect a positive trend, with 646 homes under contract in Phoenix and 392 in Scottsdale. This indicates a healthy demand in these areas, suggesting that buyers are actively engaging with the market.
Thinking of Buying or Selling?
Whether you're considering a purchase or planning to sell, understanding the market dynamics is crucial. Our team at ArizonaVibe is here to guide you through the process.
Learn MoreWhat This Means for Buyers
For buyers, the current market offers a plethora of options, especially in the lower price ranges. With a substantial number of active listings and new properties coming on the market, potential homebuyers have the flexibility to explore various neighborhoods. However, competition may be fierce in sought-after areas, especially for homes priced under $750K in Scottsdale and under $500K in Phoenix.
What This Means for Sellers
Sellers in the Arizona market might find this to be a favorable time to list their homes, especially given the number of pending sales. With active buyers looking for properties, sellers can leverage the current demand to potentially receive competitive offers. However, it's essential to price homes appropriately and present them well to stand out in the busy market.
Ultimately, understanding these trends can help both buyers and sellers navigate the ever-changing Arizona real estate landscape effectively.
Data sourced from ARMLS as of September 16, 2026.
FAQ
What are the current active listings in Scottsdale?
Scottsdale has 1,906 active residential listings as of September 16, 2026.
How many new listings were added in Phoenix last week?
Phoenix saw 118 new listings in the past week.
Is it a good time to sell in Arizona?
Yes, the market shows healthy demand with many pending sales, making it a favorable time for sellers.
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