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Phoenix Market Report

$711,339

AVERAGE PRICE OF 5,144 HOMES

$326,635

AVERAGE PRICE OF 30 DISTRESSED HOMES

$2,177,204

AVERAGE PRICE OF 725 MULTI-MILLION DOLLAR HOMES

$1,217,948

AVERAGE PRICE OF 344 NEWLY BUILT HOMES

$1,078,591

AVERAGE PRICE OF 1,285 HOMES WITH A POOL

$632,562

AVERAGE PRICE OF 318 REDUCED PRICE HOMES

Average Home

Average Price $711,339
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $424,214
2 bedrooms $367,798
3 bedrooms $552,668
4 bedrooms $832,937
5 bedrooms $1,479,496
Phoenix Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 4,901 5,294 5,284 4,981 4,682
Average Price $685,096 $689,818 $687,856 $691,090 $688,107
Avg Price Change -0.69% +0.29% -0.47% +0.43% -1.23%
Median Price $462,321 $464,127 $470,210 $474,991 $478,870
Med Price Change -0.39% -1.31% -1.02% -0.82% -0.58%
Avg Bedrooms 2.79 beds 2.8 beds 2.81 beds 2.82 beds 2.84 beds
Avg Bathrooms 2.18 baths 2.18 baths 2.18 baths 2.19 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 426 $977,179 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,144 $711,339 86 days
Distressed Homes 30 $326,635 52 days
Multi-Million Dollar Homes 725 $2,177,204 103 days
Newly Built Homes 344 $1,217,948 111 days
Homes with a Pool 1,285 $1,078,591 78 days
Reduced Price Homes 318 $632,562 77 days