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 HOMES

Average 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
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. July 15, 2020