How competitive is the housing market? And what are the Top 10 most competitive housing markets in Arizona?

Homes that sold above list price likely received multiple offers. A high or growing percentage of homes selling above list price indicates that the housing market is competitive and bidding wars are becoming more common. A low or shrinking percentage of homes selling above list price suggests that the market is becoming less competitive.

In November 2025, 12.7% of homes in Arizona sold above list price, down 2.0 points year over year, according to an analysis by Redfin. There were only 25.9% of homes that had price drops, up from 24.0% of homes in November last year. There was a 97.8% sale-to-list price, down 0.35 points year over year.

Top 10 Most Competitive Housing Markets In Arizona

With that being said and those factors being taken into account, here are the Top 10 most competitive housing markets in Arizona, based on an analysis by Redfin:

1. Verde Village, AZ
2. Wagon Wheel, AZ
3. Kachina Village, AZ
4. Mohave Valley, AZ
5. Safford, AZ
6. Cottonwood, AZ
7. El Mirage, AZ
8. Tolleson, AZ
9. Globe, AZ
10. Pinetop Country Club, AZ

– more at azbigmedia.com

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