{"id":9511,"date":"2026-05-03T13:00:00","date_gmt":"2026-05-03T20:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9511"},"modified":"2026-05-03T13:00:00","modified_gmt":"2026-05-03T20:00:00","slug":"inventory-growth-lifts-affordability-across-phoenix-area-housing-market","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/inventory-growth-lifts-affordability-across-phoenix-area-housing-market\/","title":{"rendered":"Inventory growth lifts affordability across Phoenix\u2011area housing market"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>The Greater Phoenix housing affordability index rose from 71 to 77, with inventory up 8.3%, allowing 77% of median-income households to afford median-priced homes. Median home prices declined 2% to $480,000, with closed sales steady but pending sales down 17.6%. Inventory increased 20.8% year-over-year. Regional trends vary: Scottsdale prices rose 3.7%, while Phoenix and Buckeye saw price declines. Sales and listings generally decreased across most areas.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/arizonadigitalfreepress.com\/inventory-growth-lifts-affordability-across-phoenix-area-housing-market\/\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Greater Phoenix housing affordability index rose from 71 to 77, with inventory up 8.3%, allowing 77% of median-income households to afford median-priced homes. Median home prices declined 2% to $480,000, with closed sales steady but pending sales down 17.6%. Inventory increased 20.8% year-over-year. Regional trends vary: Scottsdale prices rose 3.7%, while Phoenix and Buckeye [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2tp","jetpack-related-posts":[{"id":8998,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-housing-market-outpaces-national-trends-again-in-2025\/","url_meta":{"origin":9511,"position":0},"title":"Phoenix housing market outpaces national trends again in 2025","author":"admin","date":"December 12, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9665,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-housing-market-sees-closings-up-contracts-down-amid-mixed-signals\/","url_meta":{"origin":9511,"position":1},"title":"Phoenix housing market sees closings up, contracts down amid mixed signals","author":"admin","date":"June 7, 2026","format":false,"excerpt":"Greater Phoenix's single-family home closed sales rose 4.7% year over year in April, outperforming the national decline. However, pending sales dropped 31.5%, and new listings fell 12.1%, indicating potential future challenges. Inventory increased 2%, with homes on the market longer. Median home prices rose slightly by 1.6%, while affordability remained\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-2.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-2.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-2.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-2.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-2.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9214,"url":"https:\/\/lisamillerpllc.com\/staging\/how-2025-shaped-metro-phoenix-single-family-housing\/","url_meta":{"origin":9511,"position":2},"title":"How 2025 shaped Metro Phoenix single-family housing","author":"admin","date":"February 6, 2026","format":false,"excerpt":"Greater Phoenix single-family home sales rose 4.5% in 2025, outperforming the national 1% decline. Pending sales increased 2.4%, new listings 6.9%, and inventory supply grew 5.7%. The median home price was $480,000, up 0.3%, with affordability improving by 6%. Market activity varied by area: Scottsdale prices rose 4.2%, Goodyear sales\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8467,"url":"https:\/\/lisamillerpllc.com\/staging\/metro-phoenix-housing-market-gains-momentum-as-sales-increase\/","url_meta":{"origin":9511,"position":3},"title":"Metro Phoenix housing market gains momentum as sales increase","author":"admin","date":"June 10, 2025","format":false,"excerpt":"Metro Phoenix housing sales rose 4.1% year-over-year, with new listings up 15.4%, though pending sales fell 7%, indicating buyer caution. Median home prices increased 2.1% to $485,000, with affordability steady at an index of 67. Phoenix saw similar trends; Scottsdale's median price jumped 8.6% to $1.23M despite a 10.5% drop\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8825,"url":"https:\/\/lisamillerpllc.com\/staging\/flat-prices-strong-home-sales-define-phoenix-august-housing-market\/","url_meta":{"origin":9511,"position":4},"title":"Flat prices, strong home sales define Phoenix August housing market","author":"admin","date":"October 7, 2025","format":false,"excerpt":"Greater Phoenix home sales rose 4.6% from July and 2.8% year-over-year for 2025, outpacing national growth. Inventory increased 23.5% to 4.2 months, while new listings dropped 9.7%. Median home prices remained stable at $475,000 in August, with a slight annual rise to $480,000. Days on market increased to 78. Some\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9794,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-housing-market-poised-for-exciting-new-opportunities\/","url_meta":{"origin":9511,"position":5},"title":"Phoenix Housing Market Poised for Exciting New Opportunities","author":"admin","date":"July 19, 2026","format":false,"excerpt":"The Phoenix housing market is in a stalemate, with the largest year-over-year decline in active inventory but still high inventory levels and longer selling times. May saw 6,941 closed sales, down 3%, and a slight dip in active inventory to 22,436 homes. The median price rose 1.9% to $458,500. Buyers\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-8.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-8.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-8.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-8.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-8.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/05\/1-1.jpg?fit=1080%2C1080&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9511"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9511\/revisions"}],"predecessor-version":[{"id":9513,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9511\/revisions\/9513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9512"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}