Phoenix Market Report
$508,297
AVERAGE PRICE OF 3,017 HOMES$471,017
AVERAGE PRICE OF 37 DISTRESSED HOMES$1,968,549
AVERAGE PRICE OF 249 MULTI-MILLION DOLLAR HOMES$717,992
AVERAGE PRICE OF 306 NEWLY BUILT HOMES$821,314
AVERAGE PRICE OF 869 HOMES WITH A POOL$544,867
AVERAGE PRICE OF 164 REDUCED PRICE HOMESAverage Home
| Average Price | $508,297 |
| Avg Bedrooms | 3.3 beds |
| Avg Bathrooms | 2.46 baths |
Average Price by Bedrooms
| 1 bedroom | $229,948 |
| 2 bedrooms | $296,150 |
| 3 bedrooms | $395,429 |
| 4 bedrooms | $586,632 |
| 5 bedrooms | $997,118 |
Phoenix Home Price Trends
| 12/2019 | 11/2019 | 10/2019 | 9/2019 | 8/2019 | |
|---|---|---|---|---|---|
| Total Listings | 3,280 | 3,690 | 3,820 | 3,770 | 3,863 |
| Average Price | $484,375 | $474,340 | $471,795 | $469,693 | $465,160 |
| Avg Price Change | +2.12% | +0.54% | +0.45% | +0.97% | +0.40% |
| Median Price | $338,331 | $330,988 | $329,698 | $335,014 | $337,230 |
| Med Price Change | +2.22% | +0.39% | -1.61% | -0.66% | -0.65% |
| Avg Bedrooms | 3.29 beds | 3.28 beds | 3.26 beds | 3.27 beds | 3.28 beds |
| Avg Bathrooms | 2.44 baths | 2.47 baths | 2.44 baths | 2.43 baths | 2.43 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 152 | $402,765 | 63 days |
| Camelback High School | 326 | $756,996 | 90 days |
| Central High School | 272 | $531,726 | 99 days |
| North High School | 156 | $447,592 | 81 days |
| Pinnacle High School | 127 | $508,724 | 71 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,017 | $508,297 | 72 days |
| Distressed Homes | 37 | $471,017 | 86 days |
| Multi-Million Dollar Homes | 249 | $1,968,549 | 132 days |
| Newly Built Homes | 306 | $717,992 | 106 days |
| Homes with a Pool | 869 | $821,314 | 80 days |
| Reduced Price Homes | 164 | $544,867 | 74 days |
