Single-family home sales in Greater Phoenix rose 3.8% year-to-date, outperforming national trends with nearly 52,000 homes sold. New listings increased 8%, pending sales slightly up, and median home price rose 0.4% to $480,000. Housing affordability improved, with 71% of households able to afford median homes. Inventory grew 19.2%, averaging 4.4 months supply. Days on market increased across most cities, with mixed price changes regionally.
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