Published October 10, 2025

Greater Phoenix Real Estate Market Update

Written by Casey Jann

Greater Phoenix Real Estate Market Update header image.

October 2025 Market Update – Greater Phoenix & Mesa

The fall market across Greater Phoenix — including Mesa and the East Valley — continues to show steady, balanced activity. While homes aren’t moving at the breakneck pace we saw in recent years, well-priced listings are still selling quickly and holding strong on value.

Market Activity & Inventory

Active Listings: Just over 27,900
Pending Sales: Nearly 3,900
Average Days on Market: 90 for active listings, 75 for sold homes

Homes that are priced correctly and presented well are selling about two weeks faster than average — a clear sign that strategic pricing matters more than ever.

Pricing Trends

Average Active List Price: $732,934
Average Pending Price: $690,568
Average Sold Price: $602,630
Sale-to-List Ratio: 97.9%

Sellers are achieving nearly 98% of their final asking price — showing that buyers remain motivated when homes are priced within market range.

Pending Ratio & Demand

Pending-to-Active Ratio: 14%
Months of Supply: 4.3

These figures point to a balanced market — not overly competitive, but still active. Buyers have more selection, while sellers continue to see solid activity when listings are positioned well.

Advice for Sellers

Price strategically — homes listed right are selling in under two months on average.
Consider light updates or pre-listing improvements to make your home stand out.
Partner with an experienced agent who understands how to market effectively in a balanced market.

Advice for Buyers

Take advantage of steady prices and increased inventory — you have more time and leverage.
Explore different neighborhoods to compare value and amenities.
Work with an agent who can help you negotiate favorable terms while competition is moderate.

Key Takeaway

The Greater Phoenix market is stable and healthy. With roughly four months of supply and strong sale-to-list ratios, both buyers and sellers can succeed with proper preparation and strategy. Whether you’re ready to list or start your search, the fall season offers balanced opportunities on both sides of the table.

Instant Selling Solution for Arizona Sellers

Want to take advantage of Mesa’s market without the hassle of showings, staging, or long timelines? At Own AZ Real Estate, we offer an Instant Selling Solution. It’s a quick, fair, and stress-free way to sell your home on your terms.