According to Redfin’s latest report, Arizona’s housing market in mid-2025 is showing a mixed trend: home prices are rising statewide, but the number of homes sold is down compared to last year. The median sale price in Arizona is now $442,800, reflecting a 5.3% year-over-year increase, while the number of homes sold dipped 9.3% year-over-year.
Buyers are adjusting to elevated interest rates, and many sellers remain on the sidelines, creating a tighter market. Despite fewer sales, homes are still moving quickly, with the average home going pending in 34 days. Popular metros like Phoenix, Mesa, Gilbert, and Peoria continue to lead in both pricing and buyer activity.
Why Arizona?
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Home Price Appreciation – Median home prices are rising in most Arizona metros, offering equity gains for sellers.
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Hot Zip Codes – Homes in 85254 (Scottsdale) and 85383 (Peoria) are seeing median sales over $600,000 with strong buyer demand.
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Rapid Transactions – Properties go pending in just over a month, highlighting persistent market strength.
Key Considerations
| Factor | Details (as of July 2025) |
|---|---|
| Median Sale Price | $442,800 (+5.3% YoY) |
| Homes Sold | Down 9.3% year-over-year |
| Days on Market | Median of 34 days |
| Top Markets | Phoenix, Mesa, Gilbert, Peoria, Chandler, Scottsdale |
| Housing Inventory | Limited due to high mortgage rates locking sellers in |
| Buyer Behavior | Slower but serious buyers; active in high-value, well-kept homes |
📎 View Full Redfin Market Page
Bottom Line
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Strong Prices, Fewer Sales – Arizona homes are holding value, but volume is lagging due to interest rate pressure and seller hesitancy.
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Roofing Relevance – With fewer listings, homes that do hit the market must stand out—making pre-sale roof inspections and repairs more important than ever.
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Time to Prep – Whether buying, selling, or holding, a roof is both protection and a resale value booster.
Q&A Section
Q: What is the current median home price in Arizona?
A: As of July 2025, it’s $442,800—up 5.3% from last year.
Q: Are more or fewer homes selling compared to last year?
A: Fewer—home sales are down 9.3% year-over-year.
Q: How fast are homes selling?
A: On average, homes go pending in 34 days.
Q: Why does roofing matter in this market?
A: With fewer listings, homes need to impress. A well-maintained roof can make a major difference in buyer interest and appraisal value.
Call Kore Roofing today at (480)-690-9949 or visit koreroofing.com to schedule a free roof inspection and experience The Kore Difference.
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