Phoenix Market Report
$575,354
AVERAGE PRICE OF 4,423 HOMES$324,062
AVERAGE PRICE OF 8 DISTRESSED HOMES$1,844,263
AVERAGE PRICE OF 363 MULTI-MILLION DOLLAR HOMES$928,327
AVERAGE PRICE OF 370 NEWLY BUILT HOMES$844,813
AVERAGE PRICE OF 1,176 HOMES WITH A POOL$538,006
AVERAGE PRICE OF 398 REDUCED PRICE HOMESAverage Home
| Average Price | $575,354 |
| Avg Bedrooms | 3.18 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $283,046 |
| 2 bedrooms | $364,009 |
| 3 bedrooms | $496,660 |
| 4 bedrooms | $727,074 |
| 5 bedrooms | $1,052,190 |
Phoenix Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 4,766 | 4,996 | 5,167 | 5,084 | 4,879 |
| Average Price | $572,731 | $581,787 | $582,802 | $591,883 | $603,023 |
| Avg Price Change | -1.58% | -0.17% | -1.56% | -1.88% | n/a |
| Median Price | $435,735 | $446,806 | $451,156 | $458,146 | $465,000 |
| Med Price Change | -2.54% | -0.97% | -1.55% | -1.50% | n/a |
| Avg Bedrooms | 3.19 beds | 3.2 beds | 3.19 beds | 3.2 beds | 3.21 beds |
| Avg Bathrooms | 2.27 baths | 2.27 baths | 2.26 baths | 2.26 baths | 2.26 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 261 | $536,280 | 79 days |
| Camelback High School | 303 | $792,154 | 72 days |
| Central High School | 344 | $657,063 | 77 days |
| North High School | 188 | $600,823 | 77 days |
| South Mountain High School | 212 | $496,642 | 70 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,423 | $575,354 | 75 days |
| Distressed Homes | 8 | $324,062 | 32 days |
| Multi-Million Dollar Homes | 363 | $1,844,263 | 98 days |
| Newly Built Homes | 370 | $928,327 | 122 days |
| Homes with a Pool | 1,176 | $844,813 | 74 days |
| Reduced Price Homes | 398 | $538,006 | 67 days |
