Phoenix Market Report
$534,537
AVERAGE PRICE OF 3,676 HOMES$364,569
AVERAGE PRICE OF 15 DISTRESSED HOMES$1,990,256
AVERAGE PRICE OF 308 MULTI-MILLION DOLLAR HOMES$804,337
AVERAGE PRICE OF 295 NEWLY BUILT HOMES$901,962
AVERAGE PRICE OF 895 HOMES WITH A POOL$585,048
AVERAGE PRICE OF 98 REDUCED PRICE HOMESAverage Home
| Average Price | $534,537 |
| Avg Bedrooms | 3.16 beds |
| Avg Bathrooms | 2.32 baths |
Average Price by Bedrooms
| 1 bedroom | $240,620 |
| 2 bedrooms | $314,023 |
| 3 bedrooms | $449,507 |
| 4 bedrooms | $671,350 |
| 5 bedrooms | $1,013,388 |
Phoenix Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,520 | 3,399 | 3,476 | 3,397 | 3,858 |
| Average Price | $536,052 | $514,345 | $495,160 | $485,788 | $470,486 |
| Avg Price Change | +4.22% | +3.87% | +1.93% | +3.25% | +0.11% |
| Median Price | $372,193 | $356,164 | $346,653 | $335,790 | $330,029 |
| Med Price Change | +4.50% | +2.74% | +3.24% | +1.75% | -1.02% |
| Avg Bedrooms | 3.19 beds | 3.18 beds | 3.17 beds | 3.17 beds | 3.17 beds |
| Avg Bathrooms | 2.36 baths | 2.34 baths | 2.33 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 | 181 | $440,738 | 32 days |
| Camelback High School | 354 | $752,427 | 61 days |
| Central High School | 293 | $563,783 | 39 days |
| North High School | 179 | $529,994 | 50 days |
| Pinnacle High School | 156 | $563,651 | 47 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,676 | $534,537 | 39 days |
| Distressed Homes | 15 | $364,569 | 83 days |
| Multi-Million Dollar Homes | 308 | $1,990,256 | 81 days |
| Newly Built Homes | 295 | $804,337 | 122 days |
| Homes with a Pool | 895 | $901,962 | 37 days |
| Reduced Price Homes | 98 | $585,048 | 29 days |
