Published October 11, 2026 in Market Update

More listings are giving Secondary Market buyers a bit more room

By Vanessa Aragon
Real estate, Secondary Market

The biggest shift in the three months ending August 31, 2026: more homes are coming to market. That means sellers are no longer the only ones with options.

Secondary Market at a glance, three months ending August 31, 2026
New listings
up 8.5% from a year ago
Homes for sale
up 3.1% from a year ago
Homes sold
up 2% from a year ago
Pending sales
up 2.3% from a year ago
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The Real Estate Data Aggregator counted 1,487 new listings across Secondary Market in the three months ending August 31, 2026. That is up 8.5% from the same period a year ago. More supply means buyers can take a breath and compare. For sellers, pricing has to be sharp.

Nationally, the National Association of Realtors put months' supply at 4.9 months, the highest level in over ten years. Some ZIP codes here are already there or past it.

Months of supply by ZIP code

ZIP 85016 had 7.1 months of supply, according to the Real Estate Data Aggregator. That is up 1.5 months from a year ago. Homes there also sat on the market a median of 80 days. Sellers in 85016 are working harder for every offer.

ZIP 85022 matched the national figure exactly: 4.9 months of supply, up 1.4 months from a year ago. The Real Estate Data Aggregator counted 174 homes for sale there, up 22.5%. New listings rose 15.6%. That is a real shift for a single ZIP code.

On the other end, ZIPs 85050, 85027 and 85024 each had fewer than 3 months of supply. Those areas are still moving faster. The Real Estate Data Aggregator counted a median of 33 days on market in 85024, 16 days shorter than a year ago.

Where prices moved

Median sale price by ZIP, three months ending August 31, 2026
  1. 185018$1,207,500
  2. 285050$725,000
  3. 385028$693,000
  4. 485024$619,038
  5. 585016$550,000
  6. 685032$480,000
  7. 785022$444,750
  8. 885023$420,000
  9. 985020$389,000
  10. 1085027$372,500
Real Estate Data Aggregator. Prices are not uniform. Some ZIPs rose while others dipped.

Not every price went the same direction. The Real Estate Data Aggregator shows 85050 rose 16.9% and 85024 rose 19.6% from a year ago. But 85028 dipped 8.2%, 85022 dipped 8.1% and 85020 dipped 9.5%. More listings in some areas are putting real pressure on prices.

Freddie Mac put the average 30-year fixed rate at 7.40% as of October 8, 2026. That is still high. It shapes what buyers can afford and how long they take to decide.

How fast are homes going under contract?

In ZIP 85024, the Real Estate Data Aggregator found that 43.9% of homes went under contract within two weeks of listing. That is up 13.6 points from a year ago. In 85016, only 18.6% did. Same market, very different pace depending on where you are.

The Federal Housing Finance Agency reported U.S. house prices rose 0.3% from the prior month in July, seasonally adjusted. That slow national drift is a reminder that local numbers can look very different from the headline.

In short
  1. Secondary Market inventory is up 3.1% and new listings are up 8.5% from a year ago, according to the Real Estate Data Aggregator.
  2. Buyers have more to choose from.
  3. Sellers face more competition.
  4. The picture varies a lot by ZIP: 85016 has 7.1 months of supply and slow days, while 85050 and 85024 have under 3 months and faster sales.
  5. These numbers cover the three months ending August 31, 2026.

One street can read very differently from its whole ZIP code. If you want to know what the numbers look like right around your home, send me a note.

Your next step

(480) 868-1190

Text me your address and I will send back how many months of supply sit in your corner of Secondary Market right now, and how that compares with what actually sold near you. Takes a day, costs nothing.

Text me
Where these numbers came from