Phoenix Market Report
$524,759
AVERAGE PRICE OF 3,707 HOMES$376,053
AVERAGE PRICE OF 15 DISTRESSED HOMES$1,962,790
AVERAGE PRICE OF 293 MULTI-MILLION DOLLAR HOMES$809,943
AVERAGE PRICE OF 295 NEWLY BUILT HOMES$879,048
AVERAGE PRICE OF 881 HOMES WITH A POOL$680,630
AVERAGE PRICE OF 95 REDUCED PRICE HOMESAverage Home
| Average Price | $524,759 |
| Avg Bedrooms | 3.15 beds |
| Avg Bathrooms | 2.35 baths |
Average Price by Bedrooms
| 1 bedroom | $245,166 |
| 2 bedrooms | $313,361 |
| 3 bedrooms | $450,235 |
| 4 bedrooms | $657,811 |
| 5 bedrooms | $941,239 |
Phoenix Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,520 | 3,399 | 3,476 | 3,397 | 3,858 |
| Average Price | $536,052 | $514,345 | $495,160 | $485,788 | $470,486 |
| Avg Price Change | +4.22% | +3.87% | +1.93% | +3.25% | +0.11% |
| Median Price | $372,193 | $356,164 | $346,653 | $335,790 | $330,029 |
| Med Price Change | +4.50% | +2.74% | +3.24% | +1.75% | -1.02% |
| Avg Bedrooms | 3.19 beds | 3.18 beds | 3.17 beds | 3.17 beds | 3.17 beds |
| Avg Bathrooms | 2.36 baths | 2.34 baths | 2.33 baths | 2.34 baths | 2.33 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 185 | $441,890 | 31 days |
| Camelback High School | 359 | $722,183 | 57 days |
| Central High School | 299 | $562,635 | 40 days |
| North High School | 181 | $519,631 | 53 days |
| Paradise Valley High School | 177 | $428,737 | 25 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,707 | $524,759 | 39 days |
| Distressed Homes | 15 | $376,053 | 82 days |
| Multi-Million Dollar Homes | 293 | $1,962,790 | 83 days |
| Newly Built Homes | 295 | $809,943 | 121 days |
| Homes with a Pool | 881 | $879,048 | 36 days |
| Reduced Price Homes | 95 | $680,630 | 31 days |
