Phoenix Market Report
$459,355
AVERAGE PRICE OF 4,441 HOMES$416,951
AVERAGE PRICE OF 40 DISTRESSED HOMES$1,953,053
AVERAGE PRICE OF 260 MULTI-MILLION DOLLAR HOMES$547,698
AVERAGE PRICE OF 582 NEWLY BUILT HOMES$780,278
AVERAGE PRICE OF 1,087 HOMES WITH A POOL$562,432
AVERAGE PRICE OF 140 REDUCED PRICE HOMESAverage Home
| Average Price | $459,355 |
| Avg Bedrooms | 3.23 beds |
| Avg Bathrooms | 2.36 baths |
Average Price by Bedrooms
| 1 bedroom | $229,303 |
| 2 bedrooms | $254,864 |
| 3 bedrooms | $376,655 |
| 4 bedrooms | $547,338 |
| 5 bedrooms | $918,819 |
Phoenix Home Price Trends
| 6/2020 | 5/2020 | 4/2020 | 3/2020 | 2/2020 | |
|---|---|---|---|---|---|
| Total Listings | 4,776 | 4,799 | 4,799 | 4,629 | 4,433 |
| Average Price | $454,719 | $448,689 | $451,924 | $471,070 | $467,395 |
| Avg Price Change | +1.34% | -0.72% | -4.24% | +0.79% | -7.71% |
| Median Price | $324,590 | $319,231 | $319,103 | $334,384 | $330,581 |
| Med Price Change | +1.68% | +0.04% | -4.79% | +1.15% | -6.57% |
| Avg Bedrooms | 3.23 beds | 3.22 beds | 3.23 beds | 3.26 beds | 3.25 beds |
| Avg Bathrooms | 2.38 baths | 2.37 baths | 2.37 baths | 2.42 baths | 2.4 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 249 | $390,893 | 43 days |
| Camelback High School | 445 | $614,552 | 76 days |
| Central High School | 303 | $454,038 | 73 days |
| North High School | 224 | $392,391 | 70 days |
| Pinnacle High School | 260 | $505,520 | 55 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,441 | $459,355 | 61 days |
| Distressed Homes | 40 | $416,951 | 67 days |
| Multi-Million Dollar Homes | 260 | $1,953,053 | 133 days |
| Newly Built Homes | 582 | $547,698 | 90 days |
| Homes with a Pool | 1,087 | $780,278 | 66 days |
| Reduced Price Homes | 140 | $562,432 | 54 days |
