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Phoenix Market Report

$460,575

AVERAGE PRICE OF 4,420 HOMES

$399,632

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,966,645

AVERAGE PRICE OF 256 MULTI-MILLION DOLLAR HOMES

$572,650

AVERAGE PRICE OF 563 NEWLY BUILT HOMES

$770,010

AVERAGE PRICE OF 1,109 HOMES WITH A POOL

$592,096

AVERAGE PRICE OF 126 REDUCED PRICE HOMES

Average Home

Average Price $460,575
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $227,573
2 bedrooms $253,498
3 bedrooms $378,162
4 bedrooms $554,096
5 bedrooms $903,156
Phoenix Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 4,776 4,799 4,799 4,629 4,433
Average Price $454,719 $448,689 $451,924 $471,070 $467,395
Avg Price Change +1.34% -0.72% -4.24% +0.79% -7.71%
Median Price $324,590 $319,231 $319,103 $334,384 $330,581
Med Price Change +1.68% +0.04% -4.79% +1.15% -6.57%
Avg Bedrooms 3.23 beds 3.22 beds 3.23 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.38 baths 2.37 baths 2.37 baths 2.42 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 241 $395,702 46 days
Camelback High School 443 $612,199 77 days
Central High School 326 $451,442 72 days
North High School 213 $409,600 71 days
Pinnacle High School 263 $512,764 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,420 $460,575 61 days
Distressed Homes 38 $399,632 62 days
Multi-Million Dollar Homes 256 $1,966,645 139 days
Newly Built Homes 563 $572,650 90 days
Homes with a Pool 1,109 $770,010 66 days
Reduced Price Homes 126 $592,096 59 days