The latest ARMLS STAT report for June 2026 paints the picture of a market that’s becoming more balanced and more strategic.
Here are a few highlights:
📊 Inventory remains healthy.
Active listings reached 24,143, giving buyers more options than we’ve seen in recent years.
🏡 Home values remain resilient.
The median sales price held at $450,000, while the average sales price increased to $614,829, demonstrating continued strength despite a slower pace.
⏳ Patience is becoming part of the process.
Homes averaged 85 days on market, reinforcing that pricing, presentation, and marketing strategy matter more than ever.
📉 Months of supply remains at 3.39 months, suggesting we’re moving toward a healthier balance between buyers and sellers rather than the extreme conditions of the past few years.
The biggest takeaway?
Today’s market rewards informed decisions, not emotional ones. Whether you’re buying, selling, or investing, understanding the data can make a significant difference in your outcome.
Source: ARMLS.com
Robert Foreman
Associate Broker | HomeSmart
📧 robert@livinginphoenix.net
📞 480-415-0783
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