Phoenix buyers had more homes to choose from in September 2026 as active inventory increased and homes took longer to sell. The median sales price also rose, showing why several measures matter when evaluating the market.
Phoenix Housing Market: September 2026
ARMLS/RapidStats residential report, September 2026. Phoenix city filter selected by Joe Gamons; generated October 18, 2026. Month-over-month changes compare September with August 2026.
September by the Numbers
- Total sales: 944, down 0.94% from August.
- Active listings: 4,217, up 7.55%.
- New listings: 1,658, up 11.35%.
- Pending contracts: 1,101, down 1.96%.
- Median sales price: $445,000, up 4.71%.
- Average sales price: $551,724, up 2.57%.
- Average days on market: 80 days, four days longer.
- Months of supply: 4.47, compared with 4.11 in August.
What This Means for Buyers
More inventory gives buyers more choices. With homes averaging 80 days on market, properties that have been sitting or face substantial competition may offer opportunities to negotiate.
That does not mean every seller will accept a lower offer. Compare the asking price, condition, time on market, and recent comparable sales before deciding what to offer.
What This Means for Sellers
Active inventory and new listings increased while closed sales were nearly flat. Buyers have more alternatives, making pricing, presentation, and flexibility especially important.
The rise in the median sales price does not mean every Phoenix home gained 4.71% in value. The median also changes with the mix of homes sold during the month.
Joe's Take
More inventory and longer selling times give buyers more breathing room. For sellers, a realistic asking price and strong presentation can help a home stand out.
Citywide statistics are a starting point. Your neighborhood, price range, and the homes competing with yours deserve a closer look. If you are considering a move, I can help you understand what these numbers mean for your plans.
Browse Phoenix Homes for Sale | Contact Joe Gamons
Joe Gamons | Cerreta Realty Group
(480) 815-1927
Source: ARMLS/RapidStats residential market infographic for September 2026, generated October 18, 2026, with Phoenix city selected by Joe Gamons. Figures reflect the selected report filters and may be revised.