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April 2026

 
Stephanie Brewer Realtor

What's happening in the Phoenix Area Market?


Spring is one of the most beautiful times of year in Phoenix—and also one of the most active in real estate. As we move closer to the warmer months, buyers are still out, but they’re being more selective, and pricing, timing and presentation matter more than ever.

 

March 2026 had the highest MLS sales volume we’ve seen since May 2023, with total closed listings up about 9% compared to March 2025. Active inventory remained almost flat year-over-year, showing no meaningful change in available supply.


Under contract activity increased by 8%, reaching its highest level for the month of March in the past three years and signaling stronger buyer demand. This increase aligns with the shift in mortgage rates, as 30-year fixed rates in March 2026 were hovering around 6.1% to 6.46%, compared to the 7%+ range during the same time last year. Lower rates compared to last year improved affordability and helped bring some buyers back into the market.


It’s important to note that most of this increase in activity is happening in resale. New construction continues to lose market share, with a 17% decline in sales across Maricopa County year-over-year. 


Takeaway:

Buyers are getting some relief in affordability, but if slowdown in supply growth continues like this, then that relief window might not stay open for long.

Primary bathroom

8530 E. Lariat Lane, Scottsdale, AZ 85255

OPEN HOUSE

Saturday, April 18th, 11 am until 2 pm


Price improvement! Now listed at $1,294,000.

Click HERE for a video tour!


Beautifully updated North Scottsdale home showcasing extensive renovations and high-end finishes throughout! The renovated kitchen features quartz countertops, slate stainless steel appliances, and ample white cabinetry, complemented by elegant Travertine & Brazilian cherry wood flooring. Recent improvements include all new windows, new carpet, freshly cleaned Travertine tile, a new water heater, and a roof replaced within the past few years. Offering generous living space, including a versatile bonus room ideal for a home office or media room. Situated on an expansive .80-acre lot, the spacious backyard is designed for outdoor enjoyment with a refreshing pool & plenty of room to entertain. Ideally located near Pima Dynamite Trailhead and Pinnacle Peak Park with easy trail access.

 

Catch those problems early!

7 Signs Your Citrus Trees are Stressed


Arizona citrus can look fine at a glance in April, yet small changes start to show when something is off. Leaves may lose their shine, new growth can come in uneven, and the tree may not look as full as it should for this time of year. April sets the stage for how the tree handles the months ahead, and ignoring those signals can lead to bigger problems once temperatures rise.

DUKE'S HULA PIE (COPYCAT RECIPE)

Looking for a Mother's Day dessert? Duke’s Hula Pie is a famous Hawaiian dessert originating from Kimo’s restaurant in Lahaina, Maui (the restaurant was lost in the Lahaina fires). It was created by T S Restaurants founders Rob Thibaut and Sandy Saxten in the late 1970's. It was dubbed "what the sailors swam ashore for in Old Lahaina Town" and is now a staple at all Duke's locations.


Click here for the copycat recipe!

Wishing you a beautiful April and, as always, thank you for being part of my community—I truly appreciate your continued support and referrals.

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HomeSmart | 8388 E. Hartford Dr. Suite 100 | Scottsdale, AZ 85255 US

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