Phoenix Market Report
$555,286
AVERAGE PRICE OF 3,631 HOMES$323,629
AVERAGE PRICE OF 16 DISTRESSED HOMES$1,871,467
AVERAGE PRICE OF 268 MULTI-MILLION DOLLAR HOMES$830,033
AVERAGE PRICE OF 300 NEWLY BUILT HOMES$816,013
AVERAGE PRICE OF 977 HOMES WITH A POOL$586,062
AVERAGE PRICE OF 114 REDUCED PRICE HOMESAverage Home
| Average Price | $555,286 |
| Avg Bedrooms | 3.21 beds |
| Avg Bathrooms | 2.29 baths |
Average Price by Bedrooms
| 1 bedroom | $234,135 |
| 2 bedrooms | $337,365 |
| 3 bedrooms | $478,631 |
| 4 bedrooms | $686,100 |
| 5 bedrooms | $1,000,212 |
Phoenix Home Price Trends
| 11/2021 | 10/2021 | 9/2021 | 8/2021 | 7/2021 | |
|---|---|---|---|---|---|
| Total Listings | 3,828 | 3,903 | 3,892 | 3,802 | 3,635 |
| Average Price | $556,985 | $550,265 | $537,338 | $535,645 | $536,664 |
| Avg Price Change | +1.22% | +2.41% | +0.32% | -0.19% | +0.21% |
| Median Price | $424,830 | $419,381 | $405,161 | $399,087 | $398,910 |
| Med Price Change | +1.30% | +3.51% | +1.52% | +0.04% | +3.13% |
| Avg Bedrooms | 3.2 beds | 3.2 beds | 3.19 beds | 3.17 beds | 3.19 beds |
| Avg Bathrooms | 2.29 baths | 2.28 baths | 2.28 baths | 2.28 baths | 2.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 174 | $502,299 | 37 days |
| Camelback High School | 271 | $793,704 | 65 days |
| Central High School | 279 | $607,253 | 66 days |
| North High School | 194 | $572,968 | 77 days |
| South Mountain High School | 167 | $458,711 | 39 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,631 | $555,286 | 48 days |
| Distressed Homes | 16 | $323,629 | 63 days |
| Multi-Million Dollar Homes | 268 | $1,871,467 | 84 days |
| Newly Built Homes | 300 | $830,033 | 117 days |
| Homes with a Pool | 977 | $816,013 | 45 days |
| Reduced Price Homes | 114 | $586,062 | 41 days |
