- Median sale price: $365,000 across the MLS of Southern Arizona, up 4.3% from September 2025.
- Sales fell to 1,129, down 12.8% from a year earlier.
- Supply held at 5.0 months, and homes sold for about 2% under asking on average.
The MLS of Southern Arizona released its September 2026 report on October 5. The short version: prices held up, fewer homes sold, and buyers had more time and more choices than they would in a hot market.
The numbers
| September 2026 | MLS-wide |
|---|---|
| Median sale price | $365,000 (up 4.3% from a year earlier) |
| Homes sold | 1,129 (down 12.8%) |
| New listings | 2,037 (down 5.1%) |
| New pending sales | 1,035 (272 fewer than a year earlier) |
| Active listings | 5,644 |
| Median days on market | 36 |
| Average sale price vs. asking | 1.96% below |
| Months of supply | 5.0 |
In the Tucson Association of REALTORS® section of the report, the median sale price was $370,000, up 3.0% from a year earlier, with 4.97 months of supply.
If you’re buying
Five months of supply is the middle of the road. With a median of 36 days on market, most buyers have time to look twice and line up an inspection before deciding, and homes are selling a little under asking on average. The busiest price range was $300,000 to $399,999, with 333 of the 1,129 sales, so expect more competition there. See this week’s new listings.
If you’re selling
Prices are still up from last year, but fewer buyers are writing offers. In a market like this, pricing close to recent sales is usually the faster path, and pricing high to cut later tends to cost time. Supply is much higher above $800,000, so sellers in that range should plan for a longer runway. See what homes are selling for.
This is also why the market gauge on my homepage sits at Moderate. It updates when each monthly report comes out.
Sources
- MLSSAZ Monthly Market Report, September 2026, MLS of Southern Arizona (Oct. 5, 2026)
I summarize these sources in my own words. If something here looks off, text me and I’ll check it.
Equal Housing Opportunity. This update is general information, not legal, tax or lending advice.