Phoenix housing market softens as spring selling season fails to ignite

[Ken M.]

The robust metro Phoenix housing market is showing some signs of softening. 

Apr 29, 2025

It gets slower from here through the heat of the summer.

Real estate experts weigh in on why Phoenix's housing market is experiencing an unexpected slowdown during what's typically a busy season: "Confidence is the oxygen of the housing market and right now, it's in short supply."

[Colleen F.]

@Ken M.  we were looking at properties  and heard it a number of times this spring.  Certainly more than when we purchased in 2015 but I can't say its the overall trend, just what we ran across.