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Phoenix Market Report

$453,787

AVERAGE PRICE OF 5,026 HOMES

$387,528

AVERAGE PRICE OF 53 DISTRESSED HOMES

$1,879,325

AVERAGE PRICE OF 309 MULTI-MILLION DOLLAR HOMES

$641,196

AVERAGE PRICE OF 419 NEWLY BUILT HOMES

$708,930

AVERAGE PRICE OF 1,491 HOMES WITH A POOL

$479,301

AVERAGE PRICE OF 345 REDUCED PRICE HOMES

Average Home

Average Price $453,787
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $184,980
2 bedrooms $257,415
3 bedrooms $370,524
4 bedrooms $537,340
5 bedrooms $902,947
Phoenix Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 5,091 5,069 4,631 4,597 4,832
Average Price $444,956 $441,108 $440,228 $435,890 $431,102
Avg Price Change +0.87% +0.20% +1.00% +1.11% -1.38%
Median Price $316,992 $311,767 $312,504 $309,185 $306,936
Med Price Change +1.68% -0.24% +1.07% +0.73% -2.28%
Avg Bedrooms 3.28 beds 3.25 beds 3.24 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.39 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 247 $1,373,715 98 days
Camelback High School 535 $622,039 86 days
Central High School 429 $464,841 85 days
North High School 276 $415,466 68 days
Pinnacle High School 246 $469,309 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,026 $453,787 69 days
Distressed Homes 53 $387,528 63 days
Multi-Million Dollar Homes 309 $1,879,325 133 days
Newly Built Homes 419 $641,196 91 days
Homes with a Pool 1,491 $708,930 73 days
Reduced Price Homes 345 $479,301 65 days
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