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Phoenix Market Report

$468,419

AVERAGE PRICE OF 4,484 HOMES

$394,511

AVERAGE PRICE OF 55 DISTRESSED HOMES

$1,952,372

AVERAGE PRICE OF 308 MULTI-MILLION DOLLAR HOMES

$594,806

AVERAGE PRICE OF 543 NEWLY BUILT HOMES

$766,951

AVERAGE PRICE OF 1,230 HOMES WITH A POOL

$505,965

AVERAGE PRICE OF 168 REDUCED PRICE HOMES

Average Home

Average Price $468,419
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $219,509
2 bedrooms $275,158
3 bedrooms $372,848
4 bedrooms $557,208
5 bedrooms $930,733
Phoenix Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 3,038 3,280 3,690 3,820 3,770
Average Price $503,431 $484,375 $474,340 $471,795 $469,693
Avg Price Change +3.93% +2.12% +0.54% +0.45% +0.97%
Median Price $352,291 $338,331 $330,988 $329,698 $335,014
Med Price Change +4.13% +2.22% +0.39% -1.61% -0.66%
Avg Bedrooms 3.29 beds 3.29 beds 3.28 beds 3.26 beds 3.27 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.47 baths 2.44 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 238 $385,079 61 days
Camelback High School 409 $712,886 81 days
Central High School 367 $508,183 79 days
North High School 227 $405,308 69 days
South Mountain High School 204 $302,534 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,484 $468,419 62 days
Distressed Homes 55 $394,511 71 days
Multi-Million Dollar Homes 308 $1,952,372 120 days
Newly Built Homes 543 $594,806 79 days
Homes with a Pool 1,230 $766,951 70 days
Reduced Price Homes 168 $505,965 57 days