August 7, 2026 Phoenix Arizona Housing Market Update

https://youtube.com/shorts/wCDnC-LmMYs?si=Eo7yonPlqLUllZEq

The Monthly Median Sales price dropped from $459,000 in June to $450,000 in July within the Phoenix Metro Area.

It was DOWN almost 2% in just 1 month.

Should we be panicking? No…BUT it does signal a shift.

What else is going on? Let’s get into it and take a closer look at the Greater Phoenix Real Estate Market.