Phoenix Market Report
$689,525
AVERAGE PRICE OF 5,081 HOMES$487,066
AVERAGE PRICE OF 22 DISTRESSED HOMES$2,150,401
AVERAGE PRICE OF 675 MULTI-MILLION DOLLAR HOMES$1,161,952
AVERAGE PRICE OF 348 NEWLY BUILT HOMES$1,044,326
AVERAGE PRICE OF 1,240 HOMES WITH A POOL$582,510
AVERAGE PRICE OF 257 REDUCED PRICE HOMESAverage Home
| Average Price | $689,525 |
| Avg Bedrooms | 2.8 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $401,062 |
| 2 bedrooms | $363,352 |
| 3 bedrooms | $538,131 |
| 4 bedrooms | $800,812 |
| 5 bedrooms | $1,515,170 |
Phoenix Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 5,294 | 5,284 | 4,981 | 4,682 | 4,602 |
| Average Price | $689,818 | $687,856 | $691,090 | $688,107 | $696,576 |
| Avg Price Change | +0.29% | -0.47% | +0.43% | -1.23% | -3.39% |
| Median Price | $464,127 | $470,210 | $474,991 | $478,870 | $481,634 |
| Med Price Change | -1.31% | -1.02% | -0.82% | -0.58% | -2.01% |
| Avg Bedrooms | 2.8 beds | 2.81 beds | 2.82 beds | 2.84 beds | 2.85 beds |
| Avg Bathrooms | 2.18 baths | 2.18 baths | 2.19 baths | 2.2 baths | 2.21 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Camelback High School | 376 | $963,094 | 85 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 5,081 | $689,525 | 84 days |
| Distressed Homes | 22 | $487,066 | 71 days |
| Multi-Million Dollar Homes | 675 | $2,150,401 | 106 days |
| Newly Built Homes | 348 | $1,161,952 | 121 days |
| Homes with a Pool | 1,240 | $1,044,326 | 78 days |
| Reduced Price Homes | 257 | $582,510 | 73 days |
