Phoenix Market Report

$501,126

AVERAGE PRICE OF 3,494 HOMES

$348,009

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,954,771

AVERAGE PRICE OF 274 MULTI-MILLION DOLLAR HOMES

$732,954

AVERAGE PRICE OF 300 NEWLY BUILT HOMES

$860,875

AVERAGE PRICE OF 831 HOMES WITH A POOL

$551,413

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $501,126
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $220,346
2 bedrooms $292,365
3 bedrooms $409,506
4 bedrooms $622,627
5 bedrooms $1,001,103
Phoenix Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 3,397 3,858 4,397 4,515 4,380
Average Price $485,788 $470,486 $469,947 $472,082 $475,974
Avg Price Change +3.25% +0.11% -0.45% -0.82% +1.88%
Median Price $335,790 $330,029 $333,403 $335,291 $335,868
Med Price Change +1.75% -1.02% -0.57% -0.17% +0.83%
Avg Bedrooms 3.17 beds 3.17 beds 3.19 beds 3.21 beds 3.23 beds
Avg Bathrooms 2.34 baths 2.33 baths 2.34 baths 2.39 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 159 $400,832 36 days
Camelback High School 394 $729,755 63 days
Central High School 305 $496,308 55 days
North High School 189 $435,802 58 days
Pinnacle High School 138 $513,476 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,494 $501,126 49 days
Distressed Homes 16 $348,009 112 days
Multi-Million Dollar Homes 274 $1,954,771 99 days
Newly Built Homes 300 $732,954 116 days
Homes with a Pool 831 $860,875 46 days
Reduced Price Homes 63 $551,413 46 days
HomeSmart Lifestyles
Stephanie Sandoval, Broker
Queen Creek Location
21820 S Ellsworth Suite 104
Queen Creek AZ 85142
Fountain Hills Location
12625 N Saguaro Blvd Suite 116
Fountain Hills, AZ 85268
AGENT SERVICES - CONCIERGE LINE - RSA HELP - 480-360-7620
lender photo
Reggie Green
Fairway Independent Mortgage Corporation
NWMLS# 229993
8390 East Vía de Ventura Suite F-204
Scottsdale, AZ 85258

© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Stephanie Sandoval - HomeSmart Lifestyles are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. February 24, 2021
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