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09/02/2026
The Phoenix housing market is telling two different stories.
The sales market remains soft as high mortgage rates continue to limit buyer demand.
The rental market looks considerably healthier, with available rental inventory roughly 20% below last year and rents beginning to stabilize.
But the biggest takeaway is how different conditions are from one submarket to another.
Scottsdale and Chandler remain relatively strong.
Buckeye, Maricopa and San Tan Valley continue to favor buyers.
And new construction is adding another layer of competition in the Valley's fastest-growing exurbs.
Our August Phoenix Metro Housing Market snapshot breaks it down 👇
Cheap Property Management Cost This Litchfield Park Landlord Thousands
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3303 E Baseline Road #119
Gilbert, AZ
85234
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| Friday | 9am - 5pm |