Active listings across the Valley reached ~20K in Early-Q2, giving buyers far more choices than recent tight market conditions across the Phoenix area.
Near record-high supply makes preparation matter: buyers can compare homes carefully, while sellers need sharper pricing conversations before listing decisions in Phoenix.
A local investor described a seller-buyer disconnect: sellers have begun adjusting, while many buyers remain selective about value in this Phoenix market.
The same investor said some sellers still anchor pricing to pandemic-era expectations, creating negotiation opportunities for prepared buyers with clear budgets now.
With inventory elevated, realistic pricing and careful comparison are central for both sides navigating Phoenix's current supply-heavy market more confidently in Early-Q2.
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