2026 March Phoenix AZ Housing Market Update
đ March 2026 Phoenix AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are 2026 March Phoenix AZ Housing Market Update for single family home, statistics and house value. Be sure to contact Swee Ng RealtorÂź, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ as 3/5/2026, provided by the FlexMLS system.
- 2026 March Phoenix AZ number of new listings homes for sale has decreased about 0.3% from March 2025
- March 2026 average sold price for single family home in Phoenix AZ is $671,256, that is about 0.3% decreased from a year ago
- Phoenix single family homes median sold price in March 2026 is $481,500, which had decreased about 4.7% from March 2025
- Almost all of single family homes sold in Phoenix AZ in March 2026 are traditional sale (not foreclosures or short sales)
- Most expensive homes sold in Phoenix AZ in March 2026 is sold for $9,500,000
Number of Homes Sold in Phoenix AZ in March 2026
Based on 2026 March Phoenix housing market statistic, we saw 1,014 single family homes sold in Phoenix AZ compare to 953 of last March. That is about 6.4% increased number of single family home sold in Phoenix compare to a year ago.
Phoenix AZ March 2026 Days on Market
In March 2026, we saw 67 days on market (DOM), compare to 64 in last March. It took average about 67 days to sell your home in Phoenix in March 2026.
Phoenix AZ March 2026 Median Sold Price
The median sold price for single family home in Phoenix AZ sold in March 2026 was $481,500. Compare to last year, median sold price was $505,000, that’s about 4.7% decreased from a year ago.
Click here to view Homes for Sale Under $475,000 in Phoenix AZ
2026 March Average Sold Price in Phoenix AZ
March 2026 average sold price for single family home in Phoenix AZ was $671,256. Compare to last year March at $673,275, the average sold price had decreased about 0.3%Â from March 2025.
Click here to view Homes for Sale Under $650,000 in Phoenix AZ
There are 121 million dollar listings homes sold in March 2026.
2026 March Average Sold Price Per SQFT
The average sold price per square feet for single family home in March 2026 was $317.00 per square feet, compare to $321.00 a year ago.
Click here to view Homes for Sale in Phoenix Under $200 per square feet
Most Expensive Home Sold in Phoenix in March 2026
The most expensive home sold in the Phoenix in March 2026 is located in Phoenix zip code 85018, sold for $9,500,000. The 7,164 square feet home sits on about 37,747 square feet lot features 5 bedrooms, 5.5 bathrooms, 4-car garage, private pool.
Experienced and informed buyers understand that even in a growing market, increased inventory doesnât always mean more options. A competitive housing market can limit choicesâespecially depending on the zip code and price range. Thatâs why itâs crucial for buyers to stay well-informed about the specific area theyâre targeting. Local market knowledge gives you the best chance of submitting a strong, competitive offer.
It’s important to consult with a real estate professional to understand how current market trends affect the specific neighborhood where you’re considering buying or selling. Broad, blended statistics may not accurately reflect what’s happening in your area. A detailed, local market report can provide the clarity you need to make confident decisions.
Now is a great time to explore the Phoenix market. There is a healthy selection of available homes, and working with a knowledgeable agent who understands local trends is essential. Interest rates remain favorable, but waiting too long could cost you. Well-priced homes are starting to sell within days of hitting the market, so it pays to be ready.
Contact or call me at (480) 721-6253 if youâre interested in knowing what your Phoenix home is worth in todayâs real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.
Wondering How Much I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Selling Your Home in Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at todayâs market.
New Listings in Last 24 Hours Phoenix AZ
Just Reduced Price Homes for Sale Phoenix AZ
Search and view your dream home your way
Receive email alert as soon as a Phoenix property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.