Year Over Year Homes Sales Updated November 2025

Compares key sales volume and financial metrics on a yearly basis.

Please NOTE: Adjustments have been made to my reporting
The Arizona Regional MLS has been steadily adding Arizona Counties to it's base of property listings and sales. Most notably, the Sedona MLS was added in March 2025 that incorporates Coconino and Yavapai Counites. Additionally, Tucson, Flagstaff, and other Arizona MLS's can add their listings/sales to the Metro Phoenix data base. These additional listings have raised total listings and sales but have lowered price per-square foot (PPSF). I have adjusted all my statistical categories back to January 2020 to now reflect ONLY the Metro Phoenix geography of Maricopa and Pinal Counites. All others have been removed.

November 2025 Update of PPSF

Price per-square foot growth from year to year for ALL sales:

2024 to present: 0.7%
2023 to 2024: 4.1%
2022 to 2023: -2.3%
2021 to 2022: 16.4%
2020 to 2021: 28.2%
2019 to 2020: 12.8%
2018 to 2019: 5.9%
2017 to 2018: 8.1%
2016 to 2017: 6.3%
2015 to 2016: 5.4%

Year Over Year Home Sales

Year over year home sales provide a critical lens for evaluating the health of the housing market. This metric compares the number of homes sold in a specific period—such as a month or quarter—to the same period in the previous year, revealing trends in demand, affordability, and economic conditions. By accounting for seasonal fluctuations, year over year home sales offer a clearer picture of market dynamics than month-to-month comparisons.

Declines reflect challenges like high mortgage rates, which have reduced affordability and dampened buyer enthusiasm. Limited inventory also plays a role, as fewer homes on the market drive competition and elevate prices, further impacting year over year home sales.

Markets with strong job growth, like tech hubs, report stable or slightly positive year over year home sales, as demand persists among high-income buyers. Conversely, areas with slower economic recovery face steeper declines, highlighting the uneven nature of the current market.

Understanding year over year home sales helps buyers, sellers, and investors make informed decisions. A consistent drop may signal a cooling market, potentially leading to price adjustments, while stable or rising sales suggest robust demand. Factors like interest rates, inflation, and housing supply will continue to shape year over year home sales in the coming months. Monitoring this metric alongside economic indicators ensures a comprehensive view of the housing landscape, guiding strategic real estate moves in an ever-changing environment.