PHOENIX (AZFamily) — From more energy-efficient homes to a dip in home prices in Phoenix, we’re tracking the big Valley real estate trends of 2026.
Will home prices go down next year?
According to a recent report by Realtor.com, home prices in Phoenix are expected to drop next year by about 2.3%.
Trevor Halpern with Halpern Residential at eXp Realty says you can expect home prices to fluctuate from month to month, similar to what we’ve seen in 2025.
“November over October prices were up 2.6% in the Valley,” he told Arizona’s Family. “So predictably is tough to measure and tough to nail, but we can expect fluctuations throughout the year.”
If you’re selling a home, Halpern says you should make sure your agent is taking great photos of your property.
“If video applies, shoot great video,” he added. “Make sure your agent is out there marketing your home. You have to stand out.”
Will mortgage rates go down in 2026?
Halpern says we are leaning toward a buyer’s market. While mortgage rates are not expected to drop drastically, buyers have a lot of power right now. He expects that trend to continue into the new year.
Other 2026 real estate trends
A recent Zillow report suggests renewable energy, at-home escapes and at-home sports are just a few of the trends in 2026. Read the whole report here.
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