Phoenix Housing Market Update – Cromford Index Trends This Week

The Cromford Market Index is a proven metric for short-term market trends - essentially an algorithm measuring the relationship between supply and demand. When the Index rises, the market leans toward sellers. When it falls, conditions shift in favor of buyers. It’s one of the fastest ways to understand who currently has the advantage in Greater Phoenix real estate.

This week’s table is slightly stronger than last week, but the overall trend still favors buyers.

Cromford® Market Index values for the single-family markets in the 18 largest cities. Date: 11/06/25

This week’s table is slightly stronger than last week. Twelve cities became more favorable for buyers over the past month, one was unchanged, and five moved in a direction more favorable for sellers. That seller-leaning group includes Tempe, Buckeye, Fountain Hills, Chandler, and Cave Creek.

Leading the larger group improving for buyers are Paradise Valley, Peoria, Goodyear, Scottsdale, and San Tan Valley. All other cities shifting toward buyers did so by five percent or less.

The average CMI change was -2.1 percent, exactly the same as last week. The overall trend still leans toward buyers, and the pace of change hasn’t shifted much.

At the moment, we have six cities in seller’s markets, five in balanced markets, and seven in buyer’s markets. While a few areas are tilting toward sellers, the metro as a whole continues to show more buyer-friendly conditions as we move through the month.