For years, home buyers in Arizona faced mounting obstacles, including fierce competition, rising prices and limited inventory. Today’s market, however, points to a change in those trends as the Arizona market is moving closer to a buyer’s market.
Realtor.com recently reported that Phoenix led the nation in delistings in May 2025. While sellers still hold considerable sway, there are growing signs that buyers are gaining more leverage.
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Market Conditions Are Becoming More Buyer-Friendly
In many markets , homes are now selling for about 2% below the list price and take around 57 days to go pending. That’s a clear shift from the bidding wa