Phoenix Market Report

$553,253

AVERAGE PRICE OF 3,887 HOMES

$376,525

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,933,182

AVERAGE PRICE OF 292 MULTI-MILLION DOLLAR HOMES

$853,057

AVERAGE PRICE OF 289 NEWLY BUILT HOMES

$837,792

AVERAGE PRICE OF 1,017 HOMES WITH A POOL

$594,769

AVERAGE PRICE OF 150 REDUCED PRICE HOMES

Average Home

Average Price $553,253
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $246,218
2 bedrooms $353,733
3 bedrooms $488,739
4 bedrooms $669,173
5 bedrooms $937,023
Phoenix Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 3,892 3,802 3,635 3,586 3,657
Average Price $537,338 $535,645 $536,664 $535,563 $530,037
Avg Price Change +0.32% -0.19% +0.21% +1.04% -1.13%
Median Price $405,161 $399,087 $398,910 $386,803 $377,280
Med Price Change +1.52% +0.04% +3.13% +2.52% +1.37%
Avg Bedrooms 3.19 beds 3.17 beds 3.19 beds 3.16 beds 3.15 beds
Avg Bathrooms 2.28 baths 2.28 baths 2.29 baths 2.29 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 191 $513,597 33 days
Camelback High School 312 $780,680 56 days
Central High School 309 $616,663 57 days
North High School 208 $530,206 64 days
Paradise Valley High School 172 $455,485 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,887 $553,253 44 days
Distressed Homes 12 $376,525 70 days
Multi-Million Dollar Homes 292 $1,933,182 78 days
Newly Built Homes 289 $853,057 117 days
Homes with a Pool 1,017 $837,792 39 days
Reduced Price Homes 150 $594,769 39 days