3 Statistics You Need to Know - Dec 2025 Update!

Courtesy of Brian Buffini and Arizona Regional MLS:

December 2025 Phoenix, AZ Real Estate Market Update:

As the real estate market continues to change , with mortgage rates starting to slowly drop, there is still a tremendous pent-up demand from Buyers who wish to buy either their first home or a brand new build home. Although not at the record high numbers we saw a few years ago, there are still a projected 4 million homes that will be sold in 2026! That is a big increase.

Here are three hard facts that click bait headlines ignore:

1. Supply and Demand is Stabilizing
If you scroll online, you may think that there are no homes for sale, but that is not true! For the Arizona Regional MLS (Phoenix, AZ / Maricopa County) In November 2025, there were 24,568 active listings, the highest November count seen in the past decade. Active listings were also 15% higher than last November and remained well above the long-term November average of 17,303. For the past few months, we’ve been at about 4.6 months, pretty close to the numbers we saw in 2019.  That’s a balanced market, which is traditionally defined as 4-6 months of inventory. In 2026, that number is projected to stay about the same or rise slightly.  

2. Mortgage Rates Are Drifting Down
The days of mortgage rates in the 2-3% range are over. Those “artificial” rates were in response to the pandemic and ensuing financial crisis and we will NEVER see them again.
Fortunately, it looks like the rates we saw over the last two years, which bumped up against 8%, are also behind us. Right now they are around 6.2% and are projected to stay in that range through 2026.

3. Homeownership Continues to Be Strong
Again, if you’re doomscrolling, you’ll find some suggesting that renting a home is a better option than buying. But the rate of homeownership continues to be very strong, about in the 65% range, with its highest in 2020 at nearly 68% in 2020 and then dropping slightly in the ensuing years.

​Here’s another powerful stat. Homeowners, on average, have 43x times the wealth of non-homeowners.


And there continues to be a pent-up demand from those looking to buy either their first home or a new home. The challenge for real estate professionals and adjacent professions is helping would-be buyers find not only available homes for sale, but also for creative financing options.

If you would like to to learn more about ALL YOUR HOME BUYING OPTIONS including BELOW MARKET INTEREST RATES, Down Payment Assitance and more, call or text me today. I love helping people! DONALD KEYS Selling Homes Since 2006 HomeSmart (602) 750-1744 .