Housing Market Report for Kyrene Altadena Middle School, Phoenix, AZ

This housing market report uses absorption rates to track supply and demand for Kyrene Altadena Middle School, Phoenix, AZ. With 4.2 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 19, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Doug Ferguson
Real Estate Agent

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Houses

Hottest Segment 🔥
$475k – $500k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$900k – $950k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

8 active listings with 17 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.7 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
350k-375k 1 0.2 0 Seller's
375k-400k 1 0.2 0 Seller's
400k-425k 5 0.8 0 Seller's
425k-450k 2 5 0.4 2.4 Seller's
450k-475k 3 7 1 0.4 2.6 Seller's
475k-500k 1 3 1 0.5 2 Seller's
500k-550k 8 17 2 0.4 2.8 Seller's
550k-600k 7 11 1 0.3 3.8 Balanced
600k-650k 7 15 2 0.4 2.8 Seller's
650k-700k 11 9 2 0.1 7.3 Buyer's
700k-750k 13 12 0.2 6.5 Buyer's
750k-800k 8 16 3 0.3 3 Balanced
800k-850k 2 3 0.3 4 Balanced
850k-900k 3 8 0.4 2.3 Seller's
900k-950k 4 1 0 24
950k-1m 4 3 1 0.1 8 Buyer's
1m-1.1m 4 3 0.1 8 Buyer's
1.1m-1.2m 2 4 1 0.3 3 Balanced
1.2m-1.3m 2 6 0.5 2 Seller's
1.3m-1.4m 2 0.3 0 Seller's
1.4m-1.5m 1 0.2 0 Seller's
1.5m-1.6m 2 1 0.3 0 Seller's
1.7m-1.8m 1 0
1.8m-1.9m 1 0.2 0 Seller's
1.9m-2m 1 0
2m-2.25m 2 0.3 0 Seller's
2.25m-2.5m 1 0
3m-3.5m 2 0

Townhouses

Hottest Segment 🔥
$450k – $475k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$350k – $375k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 10 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
275k-300k 1 0
300k-325k 2 0
350k-375k 2 0.3 0 Seller's
375k-400k 2 1 0.1 12 Buyer's
400k-425k 2 1 0.1 12 Buyer's
450k-475k 1 1 1 0.2 6 Balanced
550k-600k 2 1 0.1 12 Buyer's

Condos

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$250k – $275k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

1 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.5 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0.2 0 Seller's
225k-250k 1 3 1 0.5 2 Seller's
250k-275k 1 1 0.2 6 Balanced
275k-300k 1 3 0.5 2 Seller's
300k-325k 2 0.3 0 Seller's
350k-375k 1 0
375k-400k 1 0.2 0 Seller's
425k-450k 1 0
450k-475k 1 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$200k – $225k

Absorption rate of 0.

Coolest Segment ❄️
$175k – $200k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$175k – $200k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 30 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 1 0.2 0 Seller's
200k-225k 1 0
275k-300k 1 0
300k-325k 1 0.2 0 Seller's
325k-350k 3 0
425k-450k 2 0
475k-500k 1 0
700k-750k 1 0
800k-850k 1 0

Neighboring Cities

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