January 2026: Phoenix, AZ Real Estate Inventory Grows

This January, Phoenix, AZ real estate responds to the new year with an impressive jump in available homes—active listings have soared to 15,200, signaling one of the city’s most robust inventory periods of recent times. Increased inventory means opportunity for buyers looking for their next home and more competition for sellers seeking to stand out. Are you watching for these opportunities emerging in Phoenix, AZ this month?

It is not just about more homes, but smarter choices. The balanced absorption rate—now at 3.1 months—underscores why sellers must get strategic about pricing, while buyers gain more leverage and negotiating space. With 5,374 new listings emerging in January 2026 and median days on market at 47, this active landscape gives participants reason to move decisively. Inventory growth in Phoenix, AZ this January 2026 means buyers have fresh listings to review and sellers must compete for a quicker sale.

Understanding Inventory Growth and Buyer Leverage in Phoenix, AZ

Phoenix, AZ currently boasts a median sale price of $418,000—up 0.7 percent from December and reflecting positive but controlled appreciation. Price cuts have affected 38 percent of listings, which matters for buyers looking for value and signals to sellers to align pricing with market reality. With 287 as the market’s standard price per square foot, both sides have clear benchmarks for negotiations.

Seller Strategies and Buyer Advantages This January

Seller credits now appear in 29 percent of Phoenix transactions, revealing a competitive climate demanding flexibility and responsiveness. Buyers benefit as well, with 19 percent of sales exceeding list price in select pockets—a reminder that desirable properties still command strong attention. Want to know how to sell your house fast in Phoenix, AZ as inventory grows? Focus on precise pricing and timely presentation, especially as new homes enter the market every day.

Inventory Hotspots and Market Activity

North and east Phoenix submarkets are especially active with inventory surges, while west side supply stays comparatively tight. Fastest moving listings remain in ZIP codes 85018, 85048, and 85254, where days on market drops to just 32 and sell to list ratios reach a robust 98 percent. Luxury listings at 800,000 and above spend about 66 days on market, creating room for negotiation and thoughtful decision making for well qualified buyers.

Affordable Buying in Phoenix, AZ This January 2026

Affordable homes in Phoenix, AZ this January 2026 drive the fastest sales, with months of supply below 2.3 in the sub 350,000 market. This data point demonstrates just how quickly entry level opportunities are grabbed by buyers eager to secure a place in a city with continued job and population gains.

• Active inventory at 15,200
• Absorption rate: 3.1 months
• Median sale price: $418,000
• Price cuts: 38 percent of listings
• Seller credits: 29 percent of deals
• New listings for January: 5,374

January 2026 Opportunities in Phoenix, AZ

For buyers, this expanded inventory makes the market more accessible—while sellers must present homes to stand out. For tailored guidance and the latest on pricing or incentives, reach out to Jeff Setlow and put this growing market to work for you.