Phoenix Market Report
$589,299
AVERAGE PRICE OF 5,117 HOMES$472,433
AVERAGE PRICE OF 9 DISTRESSED HOMES$1,732,525
AVERAGE PRICE OF 435 MULTI-MILLION DOLLAR HOMES$951,881
AVERAGE PRICE OF 378 NEWLY BUILT HOMES$854,532
AVERAGE PRICE OF 1,308 HOMES WITH A POOL$541,832
AVERAGE PRICE OF 695 REDUCED PRICE HOMESAverage Home
| Average Price | $589,299 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.26 baths |
Average Price by Bedrooms
| 1 bedroom | $309,120 |
| 2 bedrooms | $380,390 |
| 3 bedrooms | $517,953 |
| 4 bedrooms | $706,352 |
| 5 bedrooms | $1,045,699 |
Phoenix Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 4,879 | n/a | n/a | n/a | 2,942 |
| Average Price | $603,023 | n/a | n/a | n/a | $599,078 |
| Avg Price Change | n/a | n/a | n/a | n/a | +2.72% |
| Median Price | $465,000 | n/a | n/a | n/a | $451,508 |
| Med Price Change | n/a | n/a | n/a | n/a | +2.28% |
| Avg Bedrooms | 3.21 beds | n/a | n/a | n/a | 3.23 beds |
| Avg Bathrooms | 2.26 baths | n/a | n/a | n/a | 2.39 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 278 | $561,549 | 42 days |
| Camelback High School | 381 | $742,485 | 53 days |
| Central High School | 343 | $611,025 | 52 days |
| Pinnacle High School | 254 | $742,655 | 48 days |
| South Mountain High School | 239 | $486,823 | 44 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 5,117 | $589,299 | 49 days |
| Distressed Homes | 9 | $472,433 | 15 days |
| Multi-Million Dollar Homes | 435 | $1,732,525 | 74 days |
| Newly Built Homes | 378 | $951,881 | 113 days |
| Homes with a Pool | 1,308 | $854,532 | 48 days |
| Reduced Price Homes | 695 | $541,832 | 47 days |
