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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 HOMES

Average 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
Block77 Team At My Home Group
Laura Manning
8360 East Raintree, Suite 205
Scottsdale, AZ 85260
602-904-3145
Brittany Celaya
brittanycelaya@gmail.com

© 2021 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. February 25, 2021
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