Phoenix Market Report
$559,496
AVERAGE PRICE OF 3,747 HOMES$353,122
AVERAGE PRICE OF 17 DISTRESSED HOMES$1,873,129
AVERAGE PRICE OF 285 MULTI-MILLION DOLLAR HOMES$831,146
AVERAGE PRICE OF 307 NEWLY BUILT HOMES$822,165
AVERAGE PRICE OF 1,013 HOMES WITH A POOL$622,009
AVERAGE PRICE OF 63 REDUCED PRICE HOMESAverage Home
| Average Price | $559,496 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.3 baths |
Average Price by Bedrooms
| 1 bedroom | $246,085 |
| 2 bedrooms | $340,465 |
| 3 bedrooms | $480,481 |
| 4 bedrooms | $704,015 |
| 5 bedrooms | $990,872 |
Phoenix Home Price Trends
| 10/2021 | 9/2021 | 8/2021 | 7/2021 | 6/2021 | |
|---|---|---|---|---|---|
| Total Listings | 3,903 | 3,892 | 3,802 | 3,635 | 3,586 |
| Average Price | $550,265 | $537,338 | $535,645 | $536,664 | $535,563 |
| Avg Price Change | +2.41% | +0.32% | -0.19% | +0.21% | +1.04% |
| Median Price | $419,381 | $405,161 | $399,087 | $398,910 | $386,803 |
| Med Price Change | +3.51% | +1.52% | +0.04% | +3.13% | +2.52% |
| Avg Bedrooms | 3.2 beds | 3.19 beds | 3.17 beds | 3.19 beds | 3.16 beds |
| Avg Bathrooms | 2.28 baths | 2.28 baths | 2.28 baths | 2.29 baths | 2.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 188 | $515,852 | 40 days |
| Camelback High School | 284 | $792,473 | 66 days |
| Central High School | 299 | $586,613 | 64 days |
| North High School | 204 | $573,501 | 76 days |
| South Mountain High School | 166 | $464,214 | 43 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,747 | $559,496 | 49 days |
| Distressed Homes | 17 | $353,122 | 77 days |
| Multi-Million Dollar Homes | 285 | $1,873,129 | 86 days |
| Newly Built Homes | 307 | $831,146 | 115 days |
| Homes with a Pool | 1,013 | $822,165 | 45 days |
| Reduced Price Homes | 63 | $622,009 | 36 days |
