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 HOMESAverage 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 |
