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Phoenix Market Report

$458,407

AVERAGE PRICE OF 4,789 HOMES

$344,925

AVERAGE PRICE OF 46 DISTRESSED HOMES

$1,949,083

AVERAGE PRICE OF 299 MULTI-MILLION DOLLAR HOMES

$597,036

AVERAGE PRICE OF 580 NEWLY BUILT HOMES

$737,079

AVERAGE PRICE OF 1,311 HOMES WITH A POOL

$461,341

AVERAGE PRICE OF 210 REDUCED PRICE HOMES

Average Home

Average Price $458,407
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $218,166
2 bedrooms $254,719
3 bedrooms $375,712
4 bedrooms $543,010
5 bedrooms $896,308
Phoenix Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 4,433 3,038 3,280 3,690 3,820
Average Price $467,395 $503,431 $484,375 $474,340 $471,795
Avg Price Change -7.71% +3.93% +2.12% +0.54% +0.45%
Median Price $330,581 $352,291 $338,331 $330,988 $329,698
Med Price Change -6.57% +4.13% +2.22% +0.39% -1.61%
Avg Bedrooms 3.25 beds 3.29 beds 3.29 beds 3.28 beds 3.26 beds
Avg Bathrooms 2.4 baths 2.46 baths 2.44 baths 2.47 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 280 $390,025 59 days
Camelback High School 437 $675,307 72 days
Central High School 374 $510,949 73 days
Pinnacle High School 216 $496,530 51 days
South Mountain High School 215 $289,056 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,789 $458,407 55 days
Distressed Homes 46 $344,925 66 days
Multi-Million Dollar Homes 299 $1,949,083 124 days
Newly Built Homes 580 $597,036 90 days
Homes with a Pool 1,311 $737,079 61 days
Reduced Price Homes 210 $461,341 46 days