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Phoenix Real Estate Market 2025 Review | Prices, Rates, Inventory & What It Means for 2026 What happened in the Phoenix real estate market in 2025—and what does it mean heading into 2026? In this video, I review the key trends that shaped the Phoenix housing market in 2025, including home prices, appreciation rates, inventory changes, and interest rate movement. I break down how single-family homes compared to condos and townhomes, and why those differences matter for buyers and sellers going forward. 🔍 Key Phoenix Real Estate Questions Answered Did Phoenix home prices go up or down in 2025? Home prices remained relatively stable overall, with moderate appreciation in single-family homes and more mixed results in condos and townhomes, depending on location and supply. How did interest rates impact buyers in 2025? Interest rates declined during 2025, improving affordability and lowering monthly payments. This shift helped bring more balance back to the market for buyers. Why shouldn’t buyers focus only on the Fed Funds Rate? Mortgage rates don’t move in lockstep with the Fed Funds Rate. In this video, I explain what actually drives mortgage rates and why focusing on the wrong metric can lead to poor timing decisions. What happened to inventory in Phoenix during 2025? Inventory increased compared to prior years, giving buyers more options and negotiating power. Supply levels will be a critical factor influencing home prices in 2026. Are buyers in a better position now than last year? Yes. Buyers today are benefiting from seller concessions, lower sales-to-list price ratios, reduced competition, improved affordability, and stable pricing. 📊 Topics Covered in This Video Phoenix home price trends in 2025 Appreciation differences: single-family homes vs condos & townhomes Interest rate declines and affordability improvements Why mortgage rates don’t follow the Fed Funds Rate Inventory growth and its impact on pricing What 2025 data suggests for the 2026 Phoenix housing market This breakdown is designed to give homeowners, buyers, sellers, and investors clear context—not headlines—so you can make informed real estate decisions in the Phoenix metro area. 📍 Phoenix Metro Areas Discussed: Phoenix, Gilbert, Chandler, Mesa, Tempe, Queen Creek, Scottsdale, and surrounding East Valley communities.