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 HOMES

Average 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
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

Fairway Independent Mortgage Corporation
NWMLS# 229993
8390 East Va 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. November 28, 2021
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