If you need assistance, please call 480-768-9333

Phoenix Market Report

$571,910

AVERAGE PRICE OF 4,639 HOMES

$337,800

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,818,304

AVERAGE PRICE OF 376 MULTI-MILLION DOLLAR HOMES

$934,316

AVERAGE PRICE OF 386 NEWLY BUILT HOMES

$833,826

AVERAGE PRICE OF 1,227 HOMES WITH A POOL

$529,888

AVERAGE PRICE OF 225 REDUCED PRICE HOMES

Average Home

Average Price $571,910
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $278,639
2 bedrooms $362,706
3 bedrooms $491,915
4 bedrooms $722,667
5 bedrooms $1,051,273
Phoenix Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 4,996 5,167 5,084 4,879 n/a
Average Price $581,787 $582,802 $591,883 $603,023 n/a
Avg Price Change -0.17% -1.56% -1.88% n/a n/a
Median Price $446,806 $451,156 $458,146 $465,000 n/a
Med Price Change -0.97% -1.55% -1.50% n/a n/a
Avg Bedrooms 3.2 beds 3.19 beds 3.2 beds 3.21 beds n/a
Avg Bathrooms 2.27 baths 2.26 baths 2.26 baths 2.26 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 280 $529,502 77 days
Camelback High School 312 $790,304 74 days
Central High School 366 $661,475 76 days
North High School 197 $593,956 79 days
South Mountain High School 220 $497,044 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,639 $571,910 76 days
Distressed Homes 8 $337,800 33 days
Multi-Million Dollar Homes 376 $1,818,304 101 days
Newly Built Homes 386 $934,316 124 days
Homes with a Pool 1,227 $833,826 76 days
Reduced Price Homes 225 $529,888 68 days
Keller Williams Realty Phoenix
3920 S Rural Rd Suite 110
Tempe, AZ 85282
480-768-9333

© 2022 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. November 29, 2022
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