Home Sellers Beware: The New Failure Rate Looks Bad

by Caitlin McKeague

One in three homes listed in Phoenix right now are failing to sell. The current listing success rate is just under 70% — a big change from the 90%+ levels we saw during the pandemic market. In this week’s Phoenix Housing Market Update, I’ll break down:

Why 30% of homes are expiring or being canceled

Which price points and cities around the Valley are struggling the most

Active inventory trends and buyer demand shifts

What Zillow’s latest home price forecast means for Phoenix homeowners

Whether Fall 2025 will really bring the “busy season” some predicted

If you’re considering selling your home, it’s important to understand the odds — and how pricing and demand will impact your success.