Median Sale Price
$700,000
+27.3% YoY
Active Inventory
548
Days on Market
72 days
Price Drops
19.5%

Single-Family vs. Condo

Source: Redfin (property-type breakdown)
Single-Family Median
$713,000
-8.4% YoY
Condo / Co-op Median
$367,500
+9.9% YoY
SFR vs. Condo YoY Gap
-18.2%
condos outperforming SFR
DOM: SFR vs. Condo
75d / 63d
SFR / Condo

Market Pressure Signals

Derived from Redfin trend
Inventory vs. Long-Term Avg
+26.5%
surplus — buyer leverage
DOM vs. 24-Mo Avg
+22.6%
currently 72 days
Long-Term Avg Inventory
433
Long-Term Avg DOM
59 days

Mortgage & Price Stress

State HPI + national delinquency
State HPI YoY
+1.7%
flat — pressure building
State HPI vs. Peak
0.0%
at or near peak peak 2025-10-01
National Mortgage Delinquency
1.78%
benchmark — 2025-10-01 metro-grain delinquency requires paid data

State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True metro-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).

Value / Rent Ratio

Median price ÷ annual ZORI rent (state ZORI mean (metro rent unavailable from public sources))
Value / Rent
34.1×
renting heavily favored

Below ~15× annual rent is the historical buy-friendly band. Above ~20× the market typically favors renting and reinvesting elsewhere.

Trends

Up to 5 years of monthly data

Median Sale Price

Trailing 12 months

Active Inventory

Trailing 12 months

Days on Market

Trailing 12 months

Looking for state-level data? See Arizona statewide stats →

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