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HOMES SOLD IN 2025
1,644 SALES CLOSED
697 NEW BUILDS
WHAT TO EXPECT IN 2026
Many of the other cities in the Valley have been ‘built out,’ so their sellers are not competing with new home builders like Maricopa is.” - BRIAN PETERSHEIM SR.
As we step into 2026, the real estate landscape in Maricopa is evolving quickly. Here are some key trends shaping the market: A surge of brand-new homes. Builders are flooding the market with new construction, making it harder for traditional homeowners to compete. Financing incentives offered by builders give them a strong edge. New builds dominate inventory. Of the 750 homes currently for sale in Maricopa, 309 are newly built or under construction, over 40% of the market. Builders hold the advantage. With sister mortgage companies, builders can offer concessions and lower interest rates that individual sellers simply can’t match. They can even reduce home prices, knowing they’ll recoup losses through financing. The forecast for 2026 points to stronger negotiating power for buyers. Since sellers are competing directly with brand-new homes, they’ll need to offer more concessions, such as closing cost assistance or rate buy downs to stay competitive. Larger homes of four or more bedrooms are selling the fastest. With remote work now a permanent reality for many families, smaller homes often lack the space for offices. When size and price are equal, buyers are gravitating toward four-bedroom homes over three-bedroom ones. Prices are expected to remain steady unless interest rates drop significantly, or inventory tightens. However, that’s not looking likely. While there are currently 29,449 homes in the city, developers already have land and plans for another 46,066. That means we’re only 39% built out, which is a clear sign of the growth still to come.
NUMBER OF BEDROOMS
GARAGE PARKING
2025 real estate market recap Inventory surge pushes city housing market fully into buyer territory
PRICE RANGES
BY BRIAN PETERSHEIM SR.
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What this means for sellers Buyers are active, but they have choices. To stand out, a home must be priced correctly and presented like a model. Attractive features, especially upgraded backyards, can make a difference. Pools are a plus because many buyers want them, and they are not offered by the builders. Overpricing is no longer an option, and homes lacking updates or “wow factors” (original carpet, dated paint, older systems) are struggling to sell. What this means for buyers With inventory high, buyers can afford to be selective. Depending on how long a property has been listed, negotiating concessions is often possible. The abundance of homes means buyers can prioritize features that truly fit their wants and needs.
OOKING BACK AT 2025, THE MARICOPA HOUSING MARKET FIRMLY SETTLED INTO a buyer’s market. Inventory has steadily climbed over the past few years: In 2020, there were about 200 homes listed at any given time; by 2022, that number had jumped to 550. Fast forward to 2025, and the average hovered around 800 homes for sale. Buyers
now hold the advantage, with plenty of options to choose from. Home prices reflected this shift. In January 2025, the average sales price was $367,200, but by last month it had dipped slightly to $359,622. The trendline for prices moved inversely to inventory — values declined gradually as listings rose from 740 that month to 800 by year’s end. The past few years tell the story of a market in transition: 2021: Demand was frenzied, with homes selling like toilet paper during the early pandemic days. The inventory was scarce, and buyers often paid premiums or competed in multiple-offer situations. 2022: Inventory began low but surged dramatically throughout the year, leaving far more homes on the market by year’s end. 2023: The Federal Reserve raised interest rates several times, cooling demand. Maricopa and the Phoenix metro had shifted to a slight seller’s advantage midyear, peaking in June before slowing down. 2024: A relatively stable year, though prices softened by about $5,000 toward the end. Lower interest rates provided some relief for buyers.
Brian Petersheim Sr. is a local Realtor with The Maricopa Real Estate Company.
602.206.9644 BrianPetersheim@gmail.com
InMaricopa.com | Janaury 2026
Janaury 2026 | InMaricopa.com
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