If you need assistance, please call 602-441-3702

Phoenix Market Report

$686,335

AVERAGE PRICE OF 5,195 HOMES

$376,790

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,050,370

AVERAGE PRICE OF 706 MULTI-MILLION DOLLAR HOMES

$1,091,456

AVERAGE PRICE OF 375 NEWLY BUILT HOMES

$1,004,143

AVERAGE PRICE OF 1,268 HOMES WITH A POOL

$631,544

AVERAGE PRICE OF 431 REDUCED PRICE HOMES

Average Home

Average Price $686,335
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $251,336
2 bedrooms $376,427
3 bedrooms $541,278
4 bedrooms $794,361
5 bedrooms $1,325,709
Phoenix Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 4,981 4,682 4,602 4,741 4,756
Average Price $691,090 $688,107 $696,576 $720,159 $737,276
Avg Price Change +0.43% -1.23% -3.39% -2.38% -1.80%
Median Price $474,991 $478,870 $481,634 $491,297 $498,255
Med Price Change -0.82% -0.58% -2.01% -1.42% -0.31%
Avg Bedrooms 2.82 beds 2.84 beds 2.85 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.19 baths 2.2 baths 2.21 baths 2.24 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 399 $913,125 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,195 $686,335 75 days
Distressed Homes 18 $376,790 79 days
Multi-Million Dollar Homes 706 $2,050,370 94 days
Newly Built Homes 375 $1,091,456 123 days
Homes with a Pool 1,268 $1,004,143 69 days
Reduced Price Homes 431 $631,544 62 days
My Home Group
The Barraza Team
6751 N Sunset Blvd Suite #320
Glendale, AZ 85305
602-441-3702

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© 2024 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 Daniel Barraza - The Barraza Team / My Home Group 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. October 9, 2024
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