Greater Phoenix August home sales closed up 4.6% from July and up 2.8% for the first eight months of 2025 in year-over-year comparisons, according to the latest data from Phoenix REALTORS.
Closed sales in the Valley were more than double the national rate. Nationally, sales were up 2% from August 2024 and 0.8% for year-to-date numbers comparing 2025 over 2024.
“August’s numbers reflect that the unique market in Phoenix is outpacing the nation. Summer sales are always soft in this area, so trends above the national average are a good sign in a challenging market,” Christy Walker, board president of Phoenix REALTORS, said in a press release “Nationally, home sales often peak in the summer, while it’s our real estate slow season. The fact that our sales increased over national data is encouraging.”
