Phoenix Market Report
$572,137
AVERAGE PRICE OF 4,628 HOMES$337,800
AVERAGE PRICE OF 8 DISTRESSED HOMES$1,821,848
AVERAGE PRICE OF 373 MULTI-MILLION DOLLAR HOMES$933,711
AVERAGE PRICE OF 385 NEWLY BUILT HOMES$837,472
AVERAGE PRICE OF 1,220 HOMES WITH A POOL$551,305
AVERAGE PRICE OF 234 REDUCED PRICE HOMESAverage Home
| Average Price | $572,137 |
| Avg Bedrooms | 3.19 beds |
| Avg Bathrooms | 2.27 baths |
Average Price by Bedrooms
| 1 bedroom | $279,259 |
| 2 bedrooms | $360,502 |
| 3 bedrooms | $491,763 |
| 4 bedrooms | $722,778 |
| 5 bedrooms | $1,046,186 |
Phoenix Home Price Trends
| 10/2022 | 9/2022 | 8/2022 | 7/2022 | 6/2022 | |
|---|---|---|---|---|---|
| Total Listings | 4,996 | 5,167 | 5,084 | 4,879 | n/a |
| Average Price | $581,787 | $582,802 | $591,883 | $603,023 | n/a |
| Avg Price Change | -0.17% | -1.56% | -1.88% | n/a | n/a |
| Median Price | $446,806 | $451,156 | $458,146 | $465,000 | n/a |
| Med Price Change | -0.97% | -1.55% | -1.50% | n/a | n/a |
| Avg Bedrooms | 3.2 beds | 3.19 beds | 3.2 beds | 3.21 beds | n/a |
| Avg Bathrooms | 2.27 baths | 2.26 baths | 2.26 baths | 2.26 baths | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 276 | $533,848 | 76 days |
| Camelback High School | 314 | $791,569 | 74 days |
| Central High School | 367 | $659,848 | 75 days |
| Cesar Chavez High School | 194 | $471,709 | 75 days |
| South Mountain High School | 215 | $498,042 | 68 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,628 | $572,137 | 74 days |
| Distressed Homes | 8 | $337,800 | 30 days |
| Multi-Million Dollar Homes | 373 | $1,821,848 | 99 days |
| Newly Built Homes | 385 | $933,711 | 122 days |
| Homes with a Pool | 1,220 | $837,472 | 74 days |
| Reduced Price Homes | 234 | $551,305 | 67 days |
