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Phoenix Market Report

$731,754

AVERAGE PRICE OF 4,790 HOMES

$273,515

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,101,833

AVERAGE PRICE OF 736 MULTI-MILLION DOLLAR HOMES

$1,088,729

AVERAGE PRICE OF 417 NEWLY BUILT HOMES

$1,072,869

AVERAGE PRICE OF 1,263 HOMES WITH A POOL

$654,984

AVERAGE PRICE OF 349 REDUCED PRICE HOMES

Average Home

Average Price $731,754
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $259,650
2 bedrooms $391,715
3 bedrooms $563,051
4 bedrooms $857,709
5 bedrooms $1,323,705
Phoenix Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 4,594 4,455 4,264 4,107 3,941
Average Price $750,550 $736,069 $730,180 $729,886 $723,807
Avg Price Change +1.97% +0.81% +0.04% +0.84% -0.56%
Median Price $499,800 $498,422 $498,105 $492,122 $495,779
Med Price Change +0.28% +0.06% +1.22% -0.74% -0.71%
Avg Bedrooms 2.87 beds 2.87 beds 2.85 beds 2.82 beds 2.8 beds
Avg Bathrooms 2.26 baths 2.27 baths 2.24 baths 2.2 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 411 $992,353 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,790 $731,754 65 days
Distressed Homes 11 $273,515 23 days
Multi-Million Dollar Homes 736 $2,101,833 82 days
Newly Built Homes 417 $1,088,729 96 days
Homes with a Pool 1,263 $1,072,869 60 days
Reduced Price Homes 349 $654,984 50 days