Is it a good time to sell a house in Arizona? Yes, if you price it right. In Maricopa County, the October 2026 single-family median held at $499,990, essentially flat from a year ago, and sellers received 98.0% of list price on average. But inventory climbed 11.6% to 16,708 homes, and pending sales fell sharply, so buyers are choosier.
The bottom line: values have held, but the market rewards well-prepared, well-priced homes. Sellers who need to move have a workable market. Sellers testing a high price may wait a while. Here's the data behind that.
Data note: Market figures are from the Phoenix REALTORS/ShowingTime Local Market Updates for Maricopa County, Phoenix and Scottsdale, October 2026 (current as of Nov. 3, 2026; ARMLS data). Mortgage rates are from Freddie Mac's Primary Mortgage Market Survey for Nov. 5, 2026. Read November 11, 2026.
Maricopa County at a Glance (October 2026)
Single-family homes, vs. October 2025:
- Median sales price: $499,990 (vs. $500,000)
- Percent of list price received: 98.0% (unchanged)
- Days on market until sale: 71 (down from 75)
- New listings: 5,458 (down 9.0%)
- Pending sales: 2,147 (down 46.2%)
- Closed sales: 3,214 (down 18.2%)
- Inventory: 16,708 (up 11.6%)
- Months supply: 4.3 (up from 3.8)
Townhouses and condos:
- Median sales price: $326,000 (down 0.3%)
- Days on market until sale: 82
- Months supply: 6.3 (up from 5.5)
What's Working in Sellers' Favor
- Prices have held. The county median is flat, and the year-to-date median is $509,500, down just 0.1%.
- Fewer new competitors. New listings fell 9.0% year over year in October.
- Buyers still pay close to asking. 98.0% of list price, on average.
- Homes sold a bit faster. Days on market fell to 71 from 75.
What's Working Against Sellers
- More homes to choose from. Inventory is up 11.6%, and months of supply reached 4.3.
- A sharp drop in pending sales. Down 46.2% from October 2025. Phoenix REALTORS cautions that percent changes can sometimes look extreme, but it's a signal worth watching in November's report.
- Higher rates. Freddie Mac's 30-year fixed averaged 7.18% on Nov. 5, 2026, up from 6.22% a year earlier, which squeezes buyer budgets.
- Condos face more competition, with 6.3 months of supply.
Phoenix vs. Scottsdale
City of Phoenix, single-family:
- Median: $481,998 (up 2.6%)
- Days on market until sale: 65
- Months supply: 4.2 (up from 3.6)
Scottsdale, single-family:
- Median: $1,225,000 (up 5.6%)
- Days on market until sale: 75
- Months supply: 4.2 (down from 4.4)
- Percent of list price received: 96.8%
Scottsdale's luxury-heavy market sold at a bigger discount to list price than the county as a whole, but its median rose faster.
Should You Sell Now or Wait?
Selling now makes sense if:
- You've already found your next home, or need to move for work or family
- Your home shows well today, without a long repair list
- You'd rather compete with fewer new listings than spring may bring
Waiting may make sense if:
- You have real flexibility and no carrying-cost pressure
- Your home needs work that would clearly pay off
- You're timing a purchase that depends on rates
Not sure about the order of operations? See should I sell my house before buying another? and our breakdown of what it costs to sell a house in Arizona.
How to Win in This Market
- Price to recent closed sales, not to last spring's peak or a neighbor's list price
- Fix the obvious and present the home well
- Plan for negotiation: be ready to discuss credits, rate buydowns or repairs
- Know your timeline: escrow typically takes about five weeks with a loan; see how long it takes to close in Arizona
“Every month I hear 'should I wait?' and my answer is always the same: the market doesn't care when you list, it cares how you list. Right now buyers have options, so the homes that sell are the ones priced to the most recent sales and ready on day one. If that's your home, this is a perfectly good time to sell.”
— Elizabeth Vijan, Tackett Team, eXp Realty
Frequently Asked Questions
Is it a good time to sell a house in Arizona right now?
It can be with realistic pricing: prices are flat, but inventory is up 11.6%.
Should I sell my house now or wait until spring?
It depends on your timeline. New listings are down 9.0%, which limits competition today.
Are home prices dropping in Arizona?
Not in the county median: $499,990 in October 2026, vs. $500,000 a year earlier.
Is it a buyer's or seller's market in Phoenix?
Closer to balanced, with 4.3 months of supply for single-family homes.
Thinking About Selling This Winter?
I'll prepare a pricing analysis based on the most recent sales near you and show you exactly how your home stacks up against today's competition.
Elizabeth Vijan | Tackett Team, eXp Realty
Phoenix & Scottsdale Real Estate
Request a Home Valuation · Call or text 602-885-7752
Sources: Phoenix REALTORS/ShowingTime: Maricopa County October 2026 (PDF) · Phoenix REALTORS/ShowingTime: Phoenix October 2026 (PDF) · Phoenix REALTORS/ShowingTime: Scottsdale October 2026 (PDF) · Freddie Mac: Primary Mortgage Market Survey
Disclaimer: Market statistics are countywide or citywide and vary by neighborhood and price range. Not financial advice. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Tackett Team, eXp Realty · Get in touch