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Early-Q1 2026 monthly avg showed 14.7K active listings in the Phoenix metro area.
Phoenix recorded 3.1K new listings and 8.5K inventory, based on Early-Q1 2026 monthly averages.
Months of supply in Phoenix measured 1.6 months, indicating limited availability relative to typical buyer demand.
Nationwide, Early-Q1 2026 monthly averages showed 1.7M active listings and 459.3K new listings.
US months of supply was 3.8 months, higher than Phoenix, alongside 1.2M inventory.
I’m seeing housing availability vary widely across the country. Some Sun Belt markets have more supply after post-pandemic building, while parts of the Midwest and Northeast remain tight with intense competition.


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