Phoenix Market Report
$558,845
AVERAGE PRICE OF 3,738 HOMES$353,122
AVERAGE PRICE OF 17 DISTRESSED HOMES$1,864,812
AVERAGE PRICE OF 283 MULTI-MILLION DOLLAR HOMES$820,996
AVERAGE PRICE OF 307 NEWLY BUILT HOMES$821,766
AVERAGE PRICE OF 1,010 HOMES WITH A POOL$602,347
AVERAGE PRICE OF 66 REDUCED PRICE HOMESAverage Home
| Average Price | $558,845 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.3 baths |
Average Price by Bedrooms
| 1 bedroom | $245,600 |
| 2 bedrooms | $341,709 |
| 3 bedrooms | $478,527 |
| 4 bedrooms | $703,488 |
| 5 bedrooms | $977,980 |
Phoenix Home Price Trends
| 10/2021 | 9/2021 | 8/2021 | 7/2021 | 6/2021 | |
|---|---|---|---|---|---|
| Total Listings | 3,903 | 3,892 | 3,802 | 3,635 | 3,586 |
| Average Price | $550,265 | $537,338 | $535,645 | $536,664 | $535,563 |
| Avg Price Change | +2.41% | +0.32% | -0.19% | +0.21% | +1.04% |
| Median Price | $419,381 | $405,161 | $399,087 | $398,910 | $386,803 |
| Med Price Change | +3.51% | +1.52% | +0.04% | +3.13% | +2.52% |
| Avg Bedrooms | 3.2 beds | 3.19 beds | 3.17 beds | 3.19 beds | 3.16 beds |
| Avg Bathrooms | 2.28 baths | 2.28 baths | 2.28 baths | 2.29 baths | 2.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 188 | $515,852 | 39 days |
| Camelback High School | 284 | $792,473 | 65 days |
| Central High School | 299 | $586,716 | 63 days |
| North High School | 203 | $572,506 | 75 days |
| South Mountain High School | 166 | $462,961 | 42 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,738 | $558,845 | 48 days |
| Distressed Homes | 17 | $353,122 | 76 days |
| Multi-Million Dollar Homes | 283 | $1,864,812 | 86 days |
| Newly Built Homes | 307 | $820,996 | 114 days |
| Homes with a Pool | 1,010 | $821,766 | 45 days |
| Reduced Price Homes | 66 | $602,347 | 36 days |
