Here's how Metro Phoenix ranks among buyer-friendly housing markets

The expanded Market Clock® tool shows 70% of the top 100 U.S. metros favor buyers or are trending that way, the highest spring share since 2019. Seller’s markets have shrunk to 25%, with the South dominating buyer-friendly markets and the Midwest still favoring sellers. Listing prices per square foot fell in 60 metros, signaling sellers are adjusting prices. Market momentum varies regionally, with some metros moving rapidly toward buyer conditions.