January 2026 South Phoenix and Laveen Market Update

South Phoenix and Laveen are showing signs of stabilization after a slower stretch, with several indicators moving in a positive direction. Inventory remains elevated, but homes are beginning to sell faster, and pricing is holding firm.

Days on market have improved, with recent sales averaging roughly 65–80 days, down from prior periods. This suggests buyers are re-engaging when homes are priced correctly. Monthly sales activity has picked up, and annual sales totals remain steady, reinforcing consistent, needs-based demand.

Pricing trends are a standout positive. Annual price appreciation has turned upward, running about 3–4% in key segments, and homes continue to sell close to asking price—typically 98–99.5% of list price. Even with more inventory available, sellers who align with current market conditions are still achieving strong outcomes.

Months of supply now range from roughly 3 to 5 months, creating a more balanced, buyer-leaning environment without downward price pressure.

Overall, South Phoenix and Laveen are moving into a healthier, more predictable market: slower than peak years, but supported by improving absorption, faster sales, and renewed price stability.