Phoenix Market Report

$475,378

AVERAGE PRICE OF 4,479 HOMES

$382,404

AVERAGE PRICE OF 57 DISTRESSED HOMES

$1,962,628

AVERAGE PRICE OF 316 MULTI-MILLION DOLLAR HOMES

$611,111

AVERAGE PRICE OF 545 NEWLY BUILT HOMES

$771,625

AVERAGE PRICE OF 1,259 HOMES WITH A POOL

$530,135

AVERAGE PRICE OF 156 REDUCED PRICE HOMES

Average Home

Average Price $475,378
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $216,794
2 bedrooms $276,105
3 bedrooms $378,314
4 bedrooms $562,207
5 bedrooms $956,262
Phoenix Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 3,038 3,280 3,690 3,820 3,770
Average Price $503,431 $484,375 $474,340 $471,795 $469,693
Avg Price Change +3.93% +2.12% +0.54% +0.45% +0.97%
Median Price $352,291 $338,331 $330,988 $329,698 $335,014
Med Price Change +4.13% +2.22% +0.39% -1.61% -0.66%
Avg Bedrooms 3.29 beds 3.29 beds 3.28 beds 3.26 beds 3.27 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.47 baths 2.44 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 242 $387,532 62 days
Camelback High School 420 $700,355 78 days
Central High School 374 $505,470 77 days
North High School 221 $415,338 71 days
Pinnacle High School 202 $510,360 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,479 $475,378 61 days
Distressed Homes 57 $382,404 69 days
Multi-Million Dollar Homes 316 $1,962,628 121 days
Newly Built Homes 545 $611,111 80 days
Homes with a Pool 1,259 $771,625 68 days
Reduced Price Homes 156 $530,135 78 days
HomeSmart Lifestyles
Stephanie Sandoval, Broker
Queen Creek Location
21820 S Ellsworth Suite 102
Queen Creek AZ 85142
Fountain Hills Location
16626 E Ave of The Fountains Suite 204
Fountain Hills, AZ 85268
AGENT SERVICES - CONCIERGE LINE - RSA HELP - 480-360-7620

Reggie Green
Fairway Independent Mortgage Corporation
NWMLS# 229993
8390 East Vía de Ventura Suite F-204
Scottsdale, AZ 85258

© 2020 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. February 27, 2020