Metro Phoenix home sales jump 5.1% over last year

We’re seeing some interesting shifts in the Metro Phoenix real estate landscape this year. Single-family home sales have climbed 5.1% in 2026 compared to last year, even as pending sales have held steady and new listings dipped by 2.8%. Median prices are inching up, though overall affordability is holding firm, and we currently have a four-month supply of inventory. It’s worth noting that sales growth isn’t uniform—some areas are moving faster than others, while homes are generally spending a bit more time on the market. At Incyte Realty, we’re passionate about turning dreams into addresses and guiding you through every twist and turn of the market for a truly exceptional experience.