Fall 2025 Phoenix, Arizona Real Estate Market Update

By Ron Palmer

Ron’s expertise has earned him a spot among the top 50 realtors in the Valley. Happily married for 38 years, Ron is a proud parent and grandparent and holds CDPE, CIAS, and CNE designations, reflecting his dedication to client success.

What’s happening in the real estate market right now? More buyers are getting active, homes are holding their value, and overall conditions are starting to feel more balanced. Here’s a look at what’s driving this shift and what it could mean for you.

Rates and buyer demand. Right now, mortgage rates are around 6.25% for Conventional and Jumbo loans and in the high 5% range for FHA and VA. That slight drop is already bringing buyers who had been on the sidelines back into the market. If rates stay at these levels, we can expect more activity, and if they go even lower heading into 2026, an even bigger wave of buyers could jump in.

Home prices are holding steady, which is actually a positive. When stable prices meet lower rates, homes become more affordable, and more buyers are likely to make offers. High prices may have helped sellers before, but they also kept plenty of buyers out. A healthy market happens when transactions are frequent, not just when prices peak.

Overall, the market is in a place that can benefit both buyers and sellers. If you’re thinking about buying or selling, this could be the perfect time to take advantage of these conditions. Call or text us at 602-750-0755 or send an email to customercare@soldwithresults.com. Let’s connect and see what makes sense for you.