The Phoenix Housing Market Isn't One Market Anymore As of late we haved summarized the market by stating, "The Phoenix market is flat," but the reality is that is only part of the story. The July Cromford Report and recent sales stats show that our housing market has become increasingly divided by price point, with three very different markets emerging. Luxury homes continue to outperform. Continue Reading

As we wrapped up January, local market data shows that inventory levels have ticked up modestly, with more homes coming to market compared with the late-2025 trough—consistent with normal seasonal patterns where sellers begin listing early ahead of the traditional spring selling season. This gradual boost in supply means buyers now have a bit more choice than they did in late fall and early Continue Reading

As the hot days of Summer wind down, so do our average sale prices, with most price ranges seeing a year-over-year decrease of 1.5-2.0%. Average price per square foot was down about 0.5% from July. The monthly decrease is normal as the luxury market drops out during the hottest months of the year, while the year-over-year we would not classify as seasonal. Buyers are a bit timid as the economy is Continue Reading