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Brittany Celaya

602-653-0375

Phoenix Market Report

$688,217

AVERAGE PRICE OF 3,272 HOMES

$337,724

AVERAGE PRICE OF 18 DISTRESSED HOMES

$1,989,471

AVERAGE PRICE OF 446 MULTI-MILLION DOLLAR HOMES

$1,087,099

AVERAGE PRICE OF 371 NEWLY BUILT HOMES

$1,105,926

AVERAGE PRICE OF 892 HOMES WITH A POOL

$810,864

AVERAGE PRICE OF 213 REDUCED PRICE HOMES

Average Home

Average Price	$688,217
Avg Bedrooms	3.18 beds
Avg Bathrooms	2.44 baths

Average Price by Bedrooms

1 bedroom	$274,792
2 bedrooms	$373,574
3 bedrooms	$557,321
4 bedrooms	$875,488
5 bedrooms	$1,410,249

Phoenix Home Price Trends

	4/2023	3/2023	2/2023	1/2023	12/2022
Total Listings	3,548	3,689	3,976	3,783	4,162
Average Price	$665,305	$645,069	$613,869	$588,099	$570,069
Avg Price Change	+3.14%	+5.08%	+4.38%	+3.16%	-0.47%
Median Price	$470,389	$452,788	$439,836	$431,843	$426,903
Med Price Change	+3.89%	+2.94%	+1.85%	+1.16%	-2.07%
Avg Bedrooms	3.18 beds	3.17 beds	3.16 beds	3.16 beds	3.17 beds
Avg Bathrooms	2.37 baths	2.34 baths	2.31 baths	2.28 baths	2.27 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Barry Goldwater High School	195	$575,191	65 days
Camelback High School	318	$935,867	64 days
Central High School	325	$745,041	100 days
North High School	170	$737,515	70 days
Pinnacle High School	131	$770,483	57 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	3,272	$688,217	67 days
Distressed Homes	18	$337,724	46 days
Multi-Million Dollar Homes	446	$1,989,471	95 days
Newly Built Homes	371	$1,087,099	126 days
Homes with a Pool	892	$1,105,926	66 days
Reduced Price Homes	213	$810,864	57 days

© 2023 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Laura Manning - My Home Group Real Estate - Block 77 Team are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. May 28, 2023