Market Update - April 2025: Cromford Market Index Signals Buyer Momentumn

One of the best tools we have to measure the Arizona housing market is the Cromford Market Index (CMI) — a trusted source of real-time real estate trends across Maricopa County. And the latest numbers? They’re pointing to a slow but steady shift toward a buyer’s market.

🔍 What Is the CMI?

The Cromford Market Index assigns a number to each city, based on current supply, demand, and market activity:

• Above 110 = Seller’s market

• 90–110 = Balanced market

• Below 90 = Buyer’s market

It gives us a big-picture view of who holds more negotiating power: buyers or sellers.

🏘️ April 2025 Market Breakdown:

• Out of 17 major cities, 12 are now shifting toward the buyer's side

• Only 5 cities remain in seller’s market territory, including:

  • Chandler

  • Avondale

These areas still favor sellers — meaning less negotiation room for buyers.

🛍️ Cities That Have Fully Shifted to a Buyer’s Market:

• Tempe

• Cave Creek

• Peoria

• Mesa

• Phoenix

In these cities, buyers now hold more power at the negotiation table, especially in the affordable to mid-range price points (under $1 million).

💡 Key Takeaway

The data confirms what many agents and buyers are already seeing:

• Sellers have less leverage than they did just months ago

• If you’re selling, it’s time to adjust expectations, consider more competitive pricing, and offer buyer incentives to stay attractive in this shifting landscape

Whether you’re buying or selling, understanding where your city stands on the CMI is crucial to making smart decisions.