Phoenix Market Report
$534,241
AVERAGE PRICE OF 3,705 HOMES$352,890
AVERAGE PRICE OF 10 DISTRESSED HOMES$1,958,818
AVERAGE PRICE OF 272 MULTI-MILLION DOLLAR HOMES$911,843
AVERAGE PRICE OF 262 NEWLY BUILT HOMES$854,753
AVERAGE PRICE OF 928 HOMES WITH A POOL$521,693
AVERAGE PRICE OF 180 REDUCED PRICE HOMESAverage Home
| Average Price | $534,241 |
| Avg Bedrooms | 3.17 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $247,380 |
| 2 bedrooms | $330,431 |
| 3 bedrooms | $462,175 |
| 4 bedrooms | $655,608 |
| 5 bedrooms | $1,003,219 |
Phoenix Home Price Trends
| 6/2021 | 5/2021 | 4/2021 | 3/2021 | 2/2021 | |
|---|---|---|---|---|---|
| Total Listings | 3,586 | 3,657 | 3,520 | 3,399 | 3,476 |
| Average Price | $535,563 | $530,037 | $536,052 | $514,345 | $495,160 |
| Avg Price Change | +1.04% | -1.13% | +4.22% | +3.87% | +1.93% |
| Median Price | $386,803 | $377,280 | $372,193 | $356,164 | $346,653 |
| Med Price Change | +2.52% | +1.37% | +4.50% | +2.74% | +3.24% |
| Avg Bedrooms | 3.16 beds | 3.15 beds | 3.19 beds | 3.18 beds | 3.17 beds |
| Avg Bathrooms | 2.29 baths | 2.33 baths | 2.36 baths | 2.34 baths | 2.33 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 184 | $472,825 | 30 days |
| Camelback High School | 332 | $664,152 | 63 days |
| Central High School | 313 | $593,373 | 48 days |
| North High School | 186 | $531,413 | 56 days |
| Paradise Valley High School | 167 | $439,799 | 31 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,705 | $534,241 | 42 days |
| Distressed Homes | 10 | $352,890 | 87 days |
| Multi-Million Dollar Homes | 272 | $1,958,818 | 92 days |
| Newly Built Homes | 262 | $911,843 | 139 days |
| Homes with a Pool | 928 | $854,753 | 39 days |
| Reduced Price Homes | 180 | $521,693 | 30 days |
