Central Phoenix sales rose even with fewer listings
The number that changes what you should do: the Real Estate Data Aggregator counted 172 homes sold across Central Phoenix in the three months ending August 31, 2026. That is up 13.9% from the same months in 2025. Buyers kept showing up even as fewer homes came on.
At the same time, Realtor.com reported a 7.5% mortgage rate for the Phoenix metro area in September 2026. That is a real cost. Yet sales still climbed. Sharp pricing matters more when buyers are watching every dollar.
Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. The 15-year fixed averaged 6.73%. Neither number is low. Good prep and a well-set price are the levers you control.
Fewer listings, but demand did not disappear
The Real Estate Data Aggregator counted 203 new listings across Central Phoenix in those three months. That is down 9.8% from a year before. Fewer fresh homes came on, yet more homes sold. That gap matters for anyone pricing a home right now.
How each ZIP code read
Central Phoenix is three ZIP codes and they tell three different stories. The Real Estate Data Aggregator breaks them out below.
| 85012 | 85013 | 85014 | |
|---|---|---|---|
| Homes sold | 24 | 63 | 85 |
| Median sale price | $532,500 | $485,000 | $485,500 |
| Median days on market | 85 days | 63 days | 74 days |
| Sale-to-list ratio | 96.7% | 97.6% | 97.4% |
| Months of supply | 7.3 mo. | 4.1 mo. | 4.7 mo. |
85012: prices up, but homes took longer to sell
The Real Estate Data Aggregator counted 24 homes sold in 85012, down 14.3% from a year before. The median sale price was $532,500, up 7.7%. Homes sat a median of 85 days, though that was 10 days shorter than the year before. Months of supply rose to 7.3, up 1.8 months. That means more competition among sellers. Price carefully here.
85013: the busiest ZIP in the group
The Real Estate Data Aggregator counted 63 homes sold in 85013, up 28.6% from a year before. The median sale price dipped to $485,000, down 13.4%. Not every home held its price. But homes went under contract in a median of 63 days, 11 days faster than last year. Nearly 1 in 5 homes went under contract within two weeks of listing, at 19.7%. Months of supply fell to 4.1, down 2.2 months. That is the tightest reading in Central Phoenix.
85014: more sales, but prices eased
The Real Estate Data Aggregator counted 85 homes sold in 85014, up 14.9%. The median sale price was $485,500, down 9.1%. Prices eased, but buyers still came. Homes averaged 74 days on market, unchanged from a year before. The sale-to-list ratio was 97.4%, up 0.5 points. New listings fell 13.2%, so supply is thinning here too.
The wider picture
Realtor.com reported that 29.0% of listings in the Phoenix metro area had price cuts in September 2026. Nearly 3 in 10 sellers had to adjust. That is a reminder that overpricing still costs you time and money, even when sales are rising.
The Federal Housing Finance Agency reported that U.S. house prices rose 2.6% from July 2025 to July 2026. Month over month, they rose 0.3% in July, seasonally adjusted. The national trend and the local one are both pointing up, but slowly.
- Central Phoenix saw 172 homes sell in the three months ending August 31, 2026, up 13.9%, even as new listings fell 9.8% and Realtor.com put Phoenix metro rates at 7.5% in September 2026. Demand held.
- But prices dipped in 85013 and 85014, and nearly 3 in 10 Phoenix metro listings took a price cut.
- Good prep and a sharp price are what move homes right now.
One street can read very differently from the whole ZIP code. The numbers above are a starting point, not a final answer for your home.
Your next step
(602) 428-7200Text me your address and I will send back how your Central Phoenix home compares with what actually sold near you in the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 85012, 85013 and 85014, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: One in Five Home Sellers Cut Prices as Buyer’s Market Persists, Sep 30, 2026
- Freddie Mac: Mortgage Rates, read Oct 10, 2026