The Market Desk

Week of May 4-10, 2026

The week ending 2026-05-10 closed with 477 new listings, which jumped (+93.1% vs the prior week). The week's pace ran 129% above its trailing 4-week average.

Phoenix metro · Supply pulse · Auto-generated from ARMLS listing data

New listings

477

+93.1%WoW

4-week average

208.3

Smoothed signal

52-week average

20.6

Long-run baseline

Period

2026-05-042026-05-10

ISO 8601 week

Twelve-week pulse

New listings by week.

By the tier

Two luxury bands. Two different markets.

Active snapshot · 2026-05-13

Price band

$3M – $5M

Active
0
Median PPSF
Median DOM

Empty inventory; no active $3-5M listings tracked.

Price band

$5M+

Active
0
Median PPSF
Median DOM

Empty inventory; no active $5M+ listings tracked.

How we read the market

Three inputs.

  1. 01

    ARMLS recorded transactions

    1.84M Valley records · refreshed every 4 hours

    The full set of MLS-listed transactions. Source-of-record for headline volume + closed-price stats.

  2. 02

    Public deed filings

    County recorder · weekly cross-reference

    Captures recorded transactions that didn’t pass through the MLS — including off-market trades, intra-family transfers, and entity-to-entity sales.

  3. 03

    Private RLSIR registry

    Off-market trades facilitated by the network

    Yong’s and the Russ Lyon Sotheby’s International Realty network’s direct knowledge of pocket trades, club-membership-driven transfers, and pre-MLS introductions.

Weekly cadence reports the supply pulse (new-listing cadence + rolling averages) at metro granularity. Monthly cadence reports the full stat suite: median price-per-sqft, median days-on-market, transaction volume, and inventory tier breakdown. Adjustments are noted inline where applicable.