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 HOMES

Average 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