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  • 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 HOMES

    Average 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