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 HOMESAverage 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 |
