July 15, 2025 4:21 pm
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Nearly half of Phoenix home listings are ‘stale’

By Jeremy Duda | Axios

More than 47% of Phoenix home listings in April had been on the market for 60 days or longer without going under contract, Redfin data shows.

Why it matters: Listings are piling up nationally, many to the point of going “stale,” the real estate site reports.

The big picture: Across the country, there was nearly $700 billion worth of inventory for sale in April — a new high in Redfin data going back to 2012.

By the numbers: Roughly 44% of U.S. home listings (totaling over $330 billion) had been on the market for at least 60 days without going under contract, about three percentage points lower than Phoenix’s 47.1%.

  • That’s the largest share for April since home-buying stalled early in the pandemic.

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