Phoenix Market Report
$501,758
AVERAGE PRICE OF 3,484 HOMES$348,009
AVERAGE PRICE OF 16 DISTRESSED HOMES$1,962,779
AVERAGE PRICE OF 271 MULTI-MILLION DOLLAR HOMES$734,493
AVERAGE PRICE OF 299 NEWLY BUILT HOMES$860,056
AVERAGE PRICE OF 830 HOMES WITH A POOL$547,057
AVERAGE PRICE OF 65 REDUCED PRICE HOMESAverage Home
| Average Price | $501,758 |
| Avg Bedrooms | 3.18 beds |
| Avg Bathrooms | 2.33 baths |
Average Price by Bedrooms
| 1 bedroom | $221,558 |
| 2 bedrooms | $292,836 |
| 3 bedrooms | $411,618 |
| 4 bedrooms | $621,082 |
| 5 bedrooms | $999,507 |
Phoenix Home Price Trends
| 1/2021 | 12/2020 | 11/2020 | 10/2020 | 9/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,397 | 3,858 | 4,397 | 4,515 | 4,380 |
| Average Price | $485,788 | $470,486 | $469,947 | $472,082 | $475,974 |
| Avg Price Change | +3.25% | +0.11% | -0.45% | -0.82% | +1.88% |
| Median Price | $335,790 | $330,029 | $333,403 | $335,291 | $335,868 |
| Med Price Change | +1.75% | -1.02% | -0.57% | -0.17% | +0.83% |
| Avg Bedrooms | 3.17 beds | 3.17 beds | 3.19 beds | 3.21 beds | 3.23 beds |
| Avg Bathrooms | 2.34 baths | 2.33 baths | 2.34 baths | 2.39 baths | 2.4 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 158 | $400,599 | 37 days |
| Camelback High School | 395 | $730,459 | 62 days |
| Central High School | 308 | $496,695 | 54 days |
| North High School | 186 | $440,278 | 59 days |
| Pinnacle High School | 141 | $508,756 | 57 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,484 | $501,758 | 49 days |
| Distressed Homes | 16 | $348,009 | 113 days |
| Multi-Million Dollar Homes | 271 | $1,962,779 | 99 days |
| Newly Built Homes | 299 | $734,493 | 116 days |
| Homes with a Pool | 830 | $860,056 | 46 days |
| Reduced Price Homes | 65 | $547,057 | 46 days |
