Single-family housing sales in Mesa down 5.1% from a year ago

Comparing the first seven months of 2026 with last year, existing single-family home sales rose 5.1% in Greater Phoenix, according to the latest activity data from Phoenix Realtors. At the same time, pending sales held nearly even, down just 0.6%, and new listings dropped 2.8% in the metro area.

The data for the city of Mesa shows single-family housing sales were down 5.1% year-over-year from July 2025.

The median sales price for homes in Mesa is $480,000, no change from a year ago; and the average sales price also remained the same compared to July 2025, $546,185.

In Maricopa County alone, year-to-date sales were the same as the overall region, up 5.2%, pending sales flat with a 0.1% drop, and new listings were down 3.2%. Pinal County, the second-largest submarket in Greater Phoenix, saw year-to-date closed sales down 0.5%, pending sales dropped 5.3%, and new listings dipping 5.7% compared to 2025.

“Summers are typically the slowest time of the year for home sales. The market is still moving, just at a more measured pace,” said Sammy Glassman, board president of Phoenix Realtors. “Buyers can take a little more time to make decisions, while sellers who price their homes well are in the best position to attract serious offers sooner.”

The housing affordability index remained at 72, indicating affordability held steady year over year. A higher index number reflects greater affordability. Maricopa County’s year-to-date median single-family price was flat at $510,000, while Pinal County’s was nearly flat, rising 0.1% to $382,000.

The number of days a single-family home in Greater Phoenix sits on the market stretched to 78 compared to 73 for the first seven months of 2025, a 6.8% increase. The percent of list price received remains constant at 98.1%, with little fluctuation over the past couple of years.

Although the inventory of homes for sale ticked up 1.3%, it remains at a four-month supply. In Maricopa County, the inventory dropped to 3.6 months, down 5.3% from the same month in 2025. In Pinal County, the supply rose 4.8% to 4.4 months compared to last July’s 4.2 months.

“More inventory gives buyers room to compare homes and negotiate, making the market attractive, but sellers have not lost their opportunities,” Glassman said. “Well-prepared homes with competitive prices continue to stand out and deals are closing.”

Greater Phoenix continues to post steady sales despite the seasonal slowdown, but the pace has changed. Buyers can be more deliberate and are taking their time. Homes are selling, but seller patience is on the line.

For information on Phoenix Realtors, go to https://www.phoenixrealtors.com.

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