December 2025 STAT Report

The December 2025 ARMLS data indicate that the Greater Phoenix housing market is closing out the year in a more balanced and deliberate position. The average sales price rose to $609,719, while the median sales price held steady at $450,000, reinforcing price stability rather than volatility. Homes are taking longer to sell, with an average of 87 days on market and a median of 63 days, indicating that buyers are more selective and sellers must price their properties strategically. Inventory tightened slightly, with active listings at 21,734, while months of supply decreased to 3.48, and the absorption rate climbed to 28.75%, indicating improved buyer activity compared to prior months. New listing prices softened modestly, suggesting sellers are adjusting expectations to meet market conditions. Overall, December’s numbers reflect a market driven by fundamentals — not urgency — where preparation, pricing, and patience are key for success heading into 2026.