Listings Just Took a Surprising Dip | Phoenix Real Estate Market Update
The Phoenix housing market just took a surprising turn — active listings are dropping for the first time in months. After a year of rising inventory, this week's dip could signal a shift in momentum. But what does this mean for buyers and sellers?
In this market update, we cover:
Why active listings are finally trending down
Canceled and expired listings hitting yearly highs
Buyer demands getting bolder than ever
What’s happening with mortgage rates and buyer sentiment
A new tool that helps buyers find assumable mortgages
Cromford Market Index trends and what they mean for your zip code
Fannie Mae's consumer sentiment survey hitting a 2025 high
Whether you're thinking of buying, selling, or just watching the market — this update has everything you need to stay informed.
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Caitlin McKeague
Broker Associate | BRBR679010000