Upcoming Events

🎉 Mercados & Melodies: Juneteenth Celebration (Avondale)

Thursday, June 18, 2026, from 6:30 PM to 9:30 PM
Avondale Civic Center Amphitheater, 11465 W. Civic Center Dr.
FREE

🌟 Juneteenth Family Day (Goodyear)

Friday, June 19, 2026, from 6:00 PM to 10:00 PM
Goodyear High School, 2900 S Litchfield Rd
FREE

🛍️ Desert West Night Market 

Saturdays, June 20 and June 27, from 6:00 PM to 9:00 PM
Peoria Sports Complex, 16101 N. 83rd Ave.
FREE

🎷 Free Instrumental Jazz Concert 

Thursday, June 25, from 6:30 PM
Glendale Public Library Main Library
FREE

West Valley Market Snapshot: May 2026

The West Valley market held steady in May. Inventory stayed flat, prices eased slightly from a year ago, and homes took a little longer to sell. Here is where residential resales landed across the West Valley.

📊 May 2026 at a glance

• Active listings: 5,419

• New listings: 1,719

• Homes under contract: 1,051

• Homes sold: 1,477

• Median sale price: $411,887

• Average days to sell: 88

• Sale-to-list price ratio: 98.8%

What the numbers say

• Prices are close to flat year over year. The median sale price of $411,887 is down 1.67% from May 2025, and the median list price on active homes sits at $430,000.

• Buyers have a little more room. Active inventory is steady near 5,419 homes, and the average time to sell rose to 88 days from 78 a year ago.

• Sellers are still getting strong offers. Homes are closing at 98.8% of list price, so accurate pricing and clean presentation continue to pay off.

• Activity cooled month to month. Homes under contract stepped down from 1,444 in April to 1,051 in May. That is the number I am watching closest heading into summer.

What it means for you

• 🏡 Buyers: You have more selection and more time to decide than last spring. Well-priced, move-in-ready homes still move fast, so get pre-approved and lock in your criteria before you tour.

• 🔑 Sellers: Demand is real, and it rewards homes priced to today's market. The first 10 days set the tone, so pricing and presentation matter most.

Want to know what your specific home or neighborhood is doing right now? Reply to this newsletter or call or text me at 480-331-3332.

Real Estate Headlines

The Housing Mismatch: Why More Inventory Has Not Yet Meant More Home Sales

The National Association of REALTORS® (NAR) released its Housing Mismatch Report on May 20, 2026, and it explains something most buyers in the Phoenix metro have already felt. Inventory is up, mortgage rates are in the low 6s, and incomes have grown, but home sales are still moving slowly. The reason is not just supply. It is what kind of supply is actually on the market.

The core finding

NAR's new Listing-Income Alignment Score measures how well the price mix of listings matches the income mix of households in a market. A 100% score means listings are spread evenly across every income level. A lower score means listings are stacked at the top, locking out the entry-level and middle-income buyers who normally drive transaction volume.

• 📊 National score, March 2026: 74.9%, up from 66.7% a year earlier

• 📉 Pre-pandemic baseline: 84.4% (still 9.5 points below normal)

• 🎯 Where the shortage lives: entry-level and middle-market listings

• 📈 Where there is surplus: upper-middle and high-end listings

In plain English: nationally, buyers can access only about three quarters of the homes they would have in a balanced market.

The middle-income gap

NAR pegs the most painful gap right in the middle. A household earning about $75,000 can afford a home priced up to roughly $261,140. Homes under that price point currently make up only about 23% of listings nationally, compared with 44% in a balanced market. NAR estimates that gap at roughly 311,000 missing listings for middle-income buyers.

How metros stack up

• 🌽 Most aligned: Midwest and Upper South. Only 13% of metros have hit the balanced benchmark (alignment score 90% or higher), and all of them are in those regions.

• 🚨 Severe shortage (under 60%): 11% of metros, including Los Angeles (39%), San Diego (45%), Oxnard (47%), Providence (51%), and Boise (53%).

• 🚀 Biggest gains since 2019: Honolulu (+13.3 pp), Bridgeport (+10.7 pp), San Jose (+9.8 pp), Denver (+8.3 pp), and San Francisco (+8.3 pp).

• 📉 Only metro that lost ground year over year: Madison, WI (-7.7 pp).

What this means for Phoenix metro buyers and sellers

• Buyers under $500,000: plan on real competition for well-priced, move-in-ready homes. Get pre-approved, lock criteria, and be ready to write.

• Move-up and luxury buyers: the upper tiers carry more listings and more room to negotiate on price, closing costs, or a rate buydown.

• Sellers in the $300,000 to $499,000 band: you are in the most under-supplied price point in the country. Price right, present well, and the activity is still there.

• Sellers above $750,000: lean on staging, photography, and a sharp first 10 days on market.

Source

Adapted from "The Housing Mismatch Report," National Association of REALTORS®, May 20, 2026. Read the full report at nar.realtor.

Household Tip

Phoenix Summer Home Prep: A June Checklist for Metro Phoenix Homeowners and Renters

June is when Phoenix metro homes start working overtime. By July, every shortcut you took in spring shows up as a higher power bill, a failed AC, or monsoon damage in the yard. A focused weekend now protects your home, your utility budget, and your sanity for the next four months.

Use this checklist whether you own a home in Goodyear, rent an apartment in Tempe, or just bought your first place in Surprise.

☀️ AC maintenance for Phoenix summers

• Replace your air filter every 30 to 60 days through summer

• Hose off the outdoor condenser and clear 2 feet of space around it

• Book an HVAC tune-up if you have not had one in 12 months

• Reset your thermostat schedule to match real-life hours at home

🪟 Seal the heat out

• Add weatherstripping to exterior doors, including the garage entry

• Caulk window frames and any spot where pipes pass through walls

• Close blinds on west-facing windows from 2 PM on, or hang blackout curtains

• Run ceiling fans counter-clockwise to push cool air down

💧 Plumbing and irrigation

• Walk drip lines and sprinkler heads, fix leaks before monsoon

• Insulate exposed pipes in the garage or on the exterior

• Move irrigation to before sunrise to limit evaporation

• Flush your water heater if it has been over a year

🌵 Arizona monsoon yard prep

• Trim trees away from the roof and power lines

• Secure or store patio furniture, umbrellas, and decor

• Clear gutters and the area around the AC condenser

• Scan the roof for missing tiles, lifted shingles, and loose flashing

🔋 Build a heat-and-storm plan

• Stage a flashlight, bottled water, and a phone charger for outages

• Find your main water shutoff before a pipe gives out

• Save your HVAC company's number now, not at 2 AM in July

The bottom line

A weekend of small fixes in June can prevent a five-figure AC repair, a water-damage claim, or a $400 August power bill. Pick the three items you have been putting off the longest, and finish them this month.

Need a referral for HVAC, roofing, irrigation, or a handyman who actually answers the phone? text me at 480-331-3332.