Phoenix Market Report
$534,384
AVERAGE PRICE OF 3,633 HOMES$443,285
AVERAGE PRICE OF 7 DISTRESSED HOMES$1,926,316
AVERAGE PRICE OF 292 MULTI-MILLION DOLLAR HOMES$850,877
AVERAGE PRICE OF 283 NEWLY BUILT HOMES$878,841
AVERAGE PRICE OF 884 HOMES WITH A POOL$573,413
AVERAGE PRICE OF 102 REDUCED PRICE HOMESAverage Home
| Average Price | $534,384 |
| Avg Bedrooms | 3.15 beds |
| Avg Bathrooms | 2.29 baths |
Average Price by Bedrooms
| 1 bedroom | $248,995 |
| 2 bedrooms | $324,958 |
| 3 bedrooms | $456,421 |
| 4 bedrooms | $678,510 |
| 5 bedrooms | $933,126 |
Phoenix Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 3,657 | 3,520 | 3,399 | 3,476 | 3,397 |
| Average Price | $530,037 | $536,052 | $514,345 | $495,160 | $485,788 |
| Avg Price Change | -1.13% | +4.22% | +3.87% | +1.93% | +3.25% |
| Median Price | $377,280 | $372,193 | $356,164 | $346,653 | $335,790 |
| Med Price Change | +1.37% | +4.50% | +2.74% | +3.24% | +1.75% |
| Avg Bedrooms | 3.15 beds | 3.19 beds | 3.18 beds | 3.17 beds | 3.17 beds |
| Avg Bathrooms | 2.33 baths | 2.36 baths | 2.34 baths | 2.33 baths | 2.34 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 176 | $475,851 | 27 days |
| Camelback High School | 371 | $674,531 | 57 days |
| Central High School | 321 | $582,857 | 43 days |
| North High School | 185 | $510,477 | 63 days |
| Paradise Valley High School | 180 | $441,942 | 27 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,633 | $534,384 | 40 days |
| Distressed Homes | 7 | $443,285 | 115 days |
| Multi-Million Dollar Homes | 292 | $1,926,316 | 88 days |
| Newly Built Homes | 283 | $850,877 | 131 days |
| Homes with a Pool | 884 | $878,841 | 36 days |
| Reduced Price Homes | 102 | $573,413 | 26 days |
