Is Phoenix a buyer's or seller's market right now?

Phoenix is currently a seller's market with 2 months of supply. 100% of homes sell above asking price. The Ridley Sell Score for Phoenix is 55/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Phoenix?

The median home price in Phoenix is $200,900, down 21.2% year-over-year. The median price per square foot is $137. Homes sell in a median of 12 days with a sale-to-list ratio of 106.3%.

How much does it cost to sell a home in Phoenix, New York?

On a $200,900 home in Phoenix, a traditional listing agent charges around $6,027 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $16,072 or more. With Ridley Essentials ($999) you save $5,028, and with Ridley Pro ($3,499) you save $2,528 while getting full agent support.

How does Ridley's flat fee compare to a traditional Phoenix agent?

A traditional Phoenix listing agent typically charges 3% of the sale price — about $6,027 on a $200,900 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,028–$2,528 compared to a traditional agent.

How long does it take to sell a home in Phoenix?

The median home in Phoenix currently spends 12 days on the market before going under contract, down 85% from last year. At a 106.3% sale-to-list ratio, sellers are getting very close to or above asking price. Only 50% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $200,900 home, that could save you up to $2,528.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,027 commission.

National/New York

Phoenix, NY

Is Now a Good Time to Sell in Phoenix, New York?

The median home in Phoenix sells for $200,900 with prices down 21.2% year-over-year. The average seller pays $6,027 in commissions — Ridley’s flat fee saves you $2,528.

Phoenix Real Estate Market Conditions — April 2026

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Phoenix market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2 months of supply — below the 5-month balanced threshold — 17% below the New York average of 2.4.

Price MomentumFavors buyers

Prices down 21.2% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors sellers

Homes selling at 106.3% of asking — sellers are getting 6.3% above list on average. New York average is 98.4%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 195% above the New York average of 33.9%.

Sale SpeedFavors sellers

12 median days on market — 64 days faster than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityFavors buyers

50% of listings have dropped their price — accurate initial pricing is critical. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$200,900

-21.2%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-85%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$137

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

106.3%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

100%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

50%

Price carefully

12-Month Price Trend

$225,000 → $200,900

▼10.7%

$250K$200K$150K$100K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Phoenix — delivered monthly.

Your savings

How much can you save selling your home in Phoenix?

The average Phoenix homeowner saves $2,528 by selling with Ridley instead of paying the traditional 3% listing commission on a $200,900 home.

$0Estimated savings

That could furnish your new living room — save 1.3% of your home value

Your Phoenix home value

$200,900

$50,000$10M

Traditional Agent (3%)

$6,027

Ridley Pro (flat fee)

$3,499

Ready to sell in Phoenix?

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Cost comparison

How much does it cost to sell a house in Phoenix?

The total cost to sell a house in Phoenix in 2026 ranges from $999 with Ridley Essentials to approximately $6,027 with a traditional 3% commission on a $200,900 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,027	$3,499	$999	$0
Buyer agent	$5,6252.8% avg	$4,018~2% avg	$4,018~2% avg	$5,6252.8% avg
Closing costs (~1.5%)	$3,014	$3,014	$3,014	$3,014
Total cost	$14,666	$10,531	$8,031	$8,639
Net proceeds	$186,234	$190,369	$192,869	$192,261
You save	—	$4,135	$6,635	$6,027No support