QUARTERLY HOUSING SUMMARY Q3 2025

The Q3 2025 ARMLS Housing Summary shows Arizona’s real estate market reaching a steady equilibrium. Median home prices held mostly flat statewide, with Maricopa County leading the trend at a $469,000 median and $601,426 average — both nearly unchanged from last year. Closed sales rose 6.1% while listings climbed 20%, bringing months of supply to 3.8 and signaling slower absorption. Average days on market increased to 84 in Maricopa, 87 in Pinal, and 121 in Pima, reflecting a more deliberate sales pace. Pinal’s median price edged up 1.4% to $369,995, while Pima dipped 2.2% to $316,000. Northern and rural counties like Coconino and Navajo posted stronger activity, though smaller areas such as Graham and La Paz saw wider price swings due to limited volume. Overall, Q3 data indicate a normalized, balanced market where buyers enjoy more options and sellers must focus on realistic pricing and presentation.