Market Reports

The desk
reads the market.

Weekly supply pulse on Tuesdays. Yong's editorial read on the 15th. Both grounded in ARMLS data.

The Market Desk

Week of May 4-10, 2026

New listings · weekly

477

Read the weekly

At a glance

This week · supply pulse

Week of May 4-10, 2026

New listings

477

WoW

+93.1%

YoY

—

Read the weekly

This month · editorial read

March 2026

Median PPSF

$256

MoM

-0.1%

YoY

-2.8%

Read the monthly

Twelve-month read

Median price per sqft, Phoenix metro.

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.

Archive

All published reads.

Monthly archive (24)Weekly archive (52)