Phoenix Market Report
$529,290
AVERAGE PRICE OF 3,697 HOMES$363,596
AVERAGE PRICE OF 16 DISTRESSED HOMES$1,985,205
AVERAGE PRICE OF 300 MULTI-MILLION DOLLAR HOMES$804,495
AVERAGE PRICE OF 294 NEWLY BUILT HOMES$898,731
AVERAGE PRICE OF 882 HOMES WITH A POOL$707,473
AVERAGE PRICE OF 97 REDUCED PRICE HOMESAverage Home
| Average Price | $529,290 |
| Avg Bedrooms | 3.15 beds |
| Avg Bathrooms | 2.36 baths |
Average Price by Bedrooms
| 1 bedroom | $240,671 |
| 2 bedrooms | $311,786 |
| 3 bedrooms | $449,318 |
| 4 bedrooms | $662,575 |
| 5 bedrooms | $1,004,943 |
Phoenix Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,520 | 3,399 | 3,476 | 3,397 | 3,858 |
| Average Price | $536,052 | $514,345 | $495,160 | $485,788 | $470,486 |
| Avg Price Change | +4.22% | +3.87% | +1.93% | +3.25% | +0.11% |
| Median Price | $372,193 | $356,164 | $346,653 | $335,790 | $330,029 |
| Med Price Change | +4.50% | +2.74% | +3.24% | +1.75% | -1.02% |
| Avg Bedrooms | 3.19 beds | 3.18 beds | 3.17 beds | 3.17 beds | 3.17 beds |
| Avg Bathrooms | 2.36 baths | 2.34 baths | 2.33 baths | 2.34 baths | 2.33 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 185 | $441,966 | 31 days |
| Camelback High School | 360 | $727,160 | 60 days |
| Central High School | 287 | $564,901 | 40 days |
| North High School | 184 | $520,238 | 50 days |
| Paradise Valley High School | 162 | $426,215 | 26 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,697 | $529,290 | 39 days |
| Distressed Homes | 16 | $363,596 | 81 days |
| Multi-Million Dollar Homes | 300 | $1,985,205 | 83 days |
| Newly Built Homes | 294 | $804,495 | 122 days |
| Homes with a Pool | 882 | $898,731 | 37 days |
| Reduced Price Homes | 97 | $707,473 | 33 days |
