Published October 25, 2026 in Market Update

Secondary Market has more listings, and contracts are still keeping up

By Vanessa Aragon

Real estate, Secondary Market

More homes are competing for the same buyers. That means pricing and preparation matter more than simply waiting.

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 months of 2025. At the same time, inventory rose 3.1% to 1,587 homes for sale. Nationally, the National Association of Realtors reported inventory reached 1.60 million homes in September 2026. More choices for buyers is the clear trend, both here and across the country.

Here is the good news. The Real Estate Data Aggregator counted 1,285 pending sales across Secondary Market in the same period, up 2.3% from a year before. Buyers are still active. They are just choosing more carefully among more options.

Buyers are writing offers, but rates are a headwind

Freddie Mac put the average 30-year fixed rate at 7.32% as of October 22, 2026. Realtor.com reported the average mortgage rate on the market at 7.40% as of October 22, 2026. Rates above 7% add real cost for buyers. That makes a sharp price matter more than it did a year ago.

The National Association of Realtors reported existing-home prices up 1.3% nationally in September 2026. Local results are more mixed, as you will see below.

How each ZIP code is reading right now

The Real Estate Data Aggregator tracked each ZIP code separately for the three months ending August 31, 2026. The picture varies a lot by neighborhood.

ZIP 85024 stands out. The Real Estate Data Aggregator counted 112 homes sold there, up 34.9% from a year before. Pending sales jumped 50%. The median sale price reached $619,038, up 19.6%. Homes sat on the market a median of just 33 days, 16 days shorter than a year before.

ZIP 85050 also showed strength. The Real Estate Data Aggregator recorded a median sale price of $725,000, up 16.9%. Pending sales rose 4.8%, and 28.2% of homes went under contract within two weeks of listing, up 5 points from a year before.

Not every ZIP told the same story. ZIP 85028 saw a median sale price of $693,000, down 8.2%. Homes sold there fell 12.8%. ZIP 85018 had the highest median price at $1,207,500, but that was down 7.5% from a year before, and homes sat a median of 72 days.

Where buyers moved fastest

In ZIP 85024, the Real Estate Data Aggregator found that 43.9% of homes went under contract within two weeks of listing. That share rose 13.6 points from a year before. Well-priced homes in that ZIP are not sitting long.

Supply is rising in some ZIPs, tighter in others

ZIP 85016 had 7.1 months of supply, up 1.5 months from a year before. That gives buyers more room to negotiate there. ZIP 85050 had just 2.8 months, down 0.6 months. Less supply there means less room to negotiate on price.

ZIP 85022 added the most new listings in percentage terms. The Real Estate Data Aggregator counted 163 new listings, up 15.6%. Inventory there rose 22.5%. Even so, pending sales in 85022 rose 3.1%, so buyers kept pace with the added supply.

What this means if you are thinking of selling

More listings mean your home has more competition than it did a year ago. That is true here and nationally. The National Association of Realtors reported 1.60 million homes for sale across the country in September 2026.

The good news is that buyers are still out there. The Real Estate Data Aggregator counted 1,285 pending sales across Secondary Market, up 2.3%. Homes that are priced right and show well are still finding contracts.

Sale-to-list ratios stayed close to asking price across most ZIPs. The Real Estate Data Aggregator found 97.9% in 85028, 98.5% in 85024, and 98.4% in 85023. Sellers are not giving away large discounts, but overpriced homes are taking longer.

One more thing. A single street can read very differently from its ZIP code overall. The numbers above cover broad areas. Your block may be tighter or softer than the ZIP around it.