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

Phoenix Market Report

$678,382

AVERAGE PRICE OF 3,138 HOMES

$492,181

AVERAGE PRICE OF 15 DISTRESSED HOMES

$1,908,244

AVERAGE PRICE OF 413 MULTI-MILLION DOLLAR HOMES

$1,032,603

AVERAGE PRICE OF 414 NEWLY BUILT HOMES

$1,079,003

AVERAGE PRICE OF 858 HOMES WITH A POOL

$641,523

AVERAGE PRICE OF 261 REDUCED PRICE HOMES

Average Home

Average Price $678,382
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $266,779
2 bedrooms $389,472
3 bedrooms $567,603
4 bedrooms $854,849
5 bedrooms $1,317,548
Phoenix Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 3,003 2,986 3,146 3,388 3,548
Average Price $662,679 $679,298 $690,636 $683,027 $665,305
Avg Price Change -2.51% -1.67% +1.11% +2.66% +3.14%
Median Price $486,643 $497,434 $492,797 $481,999 $470,389
Med Price Change -2.22% +0.94% +2.24% +2.47% +3.89%
Avg Bedrooms 3.18 beds 3.19 beds 3.18 beds 3.19 beds 3.18 beds
Avg Bathrooms 2.35 baths 2.38 baths 2.4 baths 2.43 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 190 $604,801 51 days
Camelback High School 279 $945,030 69 days
Central High School 320 $707,951 111 days
North High School 154 $635,239 65 days
Pinnacle High School 186 $814,145 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,138 $678,382 65 days
Distressed Homes 15 $492,181 22 days
Multi-Million Dollar Homes 413 $1,908,244 92 days
Newly Built Homes 414 $1,032,603 136 days
Homes with a Pool 858 $1,079,003 60 days
Reduced Price Homes 261 $641,523 50 days
Keller Williams Realty Phoenix
3920 S Rural Rd Suite 110
Tempe, AZ 85282
480-768-9333

© 2023 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. September 26, 2023
This site powered by CINC: www.cincpro.com