Phoenix, AZ New Homes for Sale

Phoenix, AZ Housing Market

The Phoenix housing market is moderately competitive, with homes typically receiving two offers and selling in about 53 days. Last month, the median home price was $450K, reflecting a 2.6% decline compared to the previous year. The median price per square foot also decreased by 2.1%, settling at $280.

New homes in Phoenix are built to handle the region’s intense desert climate—something not always true in other U.S. markets. Look for high-efficiency HVAC systems, low-E dual-pane windows, radiant barrier roofing, advanced insulation, and sealed ductwork. Builders also frequently offer ENERGY STAR–certified appliances and optional solar packages. These features aren’t just desirable—they’re essential for comfort and long-term cost savings in Phoenix’s triple-digit heat. Buyers should also evaluate HERS (Home Energy Rating System) scores to compare efficiency across builders.

In Phoenix’s desert climate, the orientation of your lot plays a major role in comfort and energy costs. West- and south-facing backyards receive the most intense afternoon sun, which can increase cooling bills and limit outdoor usability. Buyers of new homes should evaluate the position of the lot relative to the sun, especially if planning to add patios, pools, or desert landscaping. North/south-oriented lots tend to be more desirable for heat management and long-term livability—something not always considered in master-planned developments unless flagged early in the buying process.

Not all builders are equal, especially in a market as fast-growing as Phoenix. Research builder reputations for construction quality, transparency during the building process, and post-sale customer service. Also, review the builder’s warranty offerings in detail—typically, you should receive a one-year warranty on workmanship, a two-year warranty on systems (plumbing, electrical, HVAC), and a ten-year warranty on structural elements. Understanding what’s covered and how the builder handles claims is crucial when investing in a new home.

Many new builds in Phoenix are located in master-planned communities governed by HOAs. These associations maintain shared amenities and uphold design standards, but they also come with monthly fees and restrictions. Review the CC&Rs (Covenants, Conditions & Restrictions) to ensure they align with your lifestyle—especially regarding landscaping, exterior modifications, or short-term rentals. Also ask about future phases of community development; some amenities may not yet be built, and construction may continue nearby for several years.

Model homes often display premium upgrades that are not included in the base price. When buying new in Phoenix, it’s important to understand what comes standard and what costs extra—this includes flooring, cabinetry, countertops, appliances, lighting, and outdoor features. Builders may offer upgrade incentives, but pricing can escalate quickly. Work with Craig to evaluate the true value of these upgrades and whether it’s more cost-effective to negotiate for builder credits or finish the work post-closing with a third party.

Phoenix is expanding rapidly, particularly in areas like the West Valley (e.g., Buckeye, Surprise) and Southeast Valley (e.g., Queen Creek, Mesa). While these new home communities offer affordability and modern amenities, buyers should consider access to major freeways, commute times, public transportation, and proximity to schools, hospitals, and retail. Some areas may lack immediate infrastructure, and timelines for development can vary. Working with Craig can help you assess the long-term value and livability of emerging neighborhoods.

Phoenix Guide

Ready to uncover all that Phoenix has to offer? Dive into our comprehensive Phoenix neighborhood guide to explore the distinct vibes, amenities, and housing options each area presents. Whether you're considering moving to Phoenix or just curious about its diverse communities, our guide provides the insights you need to discover the neighborhood that best suits your lifestyle and preferences. Start exploring today to find your ideal spot in this vibrant city!