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Phoenix Market Report

$734,608

AVERAGE PRICE OF 3,630 HOMES

$528,428

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,103,940

AVERAGE PRICE OF 559 MULTI-MILLION DOLLAR HOMES

$1,052,201

AVERAGE PRICE OF 412 NEWLY BUILT HOMES

$1,066,697

AVERAGE PRICE OF 892 HOMES WITH A POOL

$683,359

AVERAGE PRICE OF 264 REDUCED PRICE HOMES

Average Home

Average Price	$734,608
Avg Bedrooms	2.78 beds
Avg Bathrooms	2.17 baths

Average Price by Bedrooms

1 bedroom	$270,223
2 bedrooms	$387,456
3 bedrooms	$570,070
4 bedrooms	$860,531
5 bedrooms	$1,297,589

Phoenix Home Price Trends

	9/2023	8/2023	7/2023	6/2023	5/2023
Total Listings	3,655	n/a	n/a	n/a	n/a
Average Price	$725,167	n/a	n/a	n/a	n/a
Avg Price Change	n/a	n/a	n/a	n/a	n/a
Median Price	$499,060	n/a	n/a	n/a	n/a
Med Price Change	n/a	n/a	n/a	n/a	n/a
Avg Bedrooms	2.76 beds	n/a	n/a	n/a	n/a
Avg Bathrooms	2.16 baths	n/a	n/a	n/a	n/a

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Barry Goldwater High School	180	$611,051	15 days
Camelback High School	291	$978,887	15 days
Central High School	342	$701,023	15 days
North High School	176	$691,610	14 days
Pinnacle High School	178	$804,899	14 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	3,630	$734,608	14 days
Distressed Homes	11	$528,428	15 days
Multi-Million Dollar Homes	559	$2,103,940	15 days
Newly Built Homes	412	$1,052,201	15 days
Homes with a Pool	892	$1,066,697	14 days
Reduced Price Homes	264	$683,359	15 days

© 2023 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 Laura Manning - My Home Group Real Estate - Block 77 Team 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. October 3, 2023