01/29/2026
A lot of people are waiting for a headline to tell them it’s safe to move.
Here’s what the actual data says.
📉 National headlines show mixed price movement but Phoenix isn’t collapsing. Month-to-month prices have stabilized and recently moved better than the national average, even though year-over-year numbers are still soft.
🏠 Inventory is up but not exploding. We have more listings than last year, yet demand is also higher. That’s not a crash setup. That’s a slower, more balanced market.
📊 Prices are doing something boring (and important):
• Median prices are slightly down
• Price per square foot is slightly up
• Days of inventory are higher, but not distressed
📉 Rates dropped almost a full point from last year and the market barely moved. If rates alone were going to cause a crash, we would’ve seen it by now.
For buyers:
Waiting for a dramatic drop hasn’t paid off so far. Leverage today comes from negotiation, not timing a collapse.
For sellers:
This isn’t 2021, but it’s also not 2008. Pricing correctly matters more than ever.
The biggest mistake I’m seeing?
People letting fear and YouTube predictions delay real decisions while the market quietly keeps moving.
Read the data. Ignore the noise.
Like this and comment “DATA.” Happy to share the latest Cromford snapshot.
