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

Phoenix Market Report

$686,178

AVERAGE PRICE OF 5,066 HOMES

$365,432

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,044,703

AVERAGE PRICE OF 683 MULTI-MILLION DOLLAR HOMES

$1,089,770

AVERAGE PRICE OF 364 NEWLY BUILT HOMES

$993,861

AVERAGE PRICE OF 1,259 HOMES WITH A POOL

$662,880

AVERAGE PRICE OF 409 REDUCED PRICE HOMES

Average Home

Average Price $686,178
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $250,830
2 bedrooms $380,152
3 bedrooms $538,622
4 bedrooms $791,009
5 bedrooms $1,290,048
Phoenix Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 4,981 4,682 4,602 4,741 4,756
Average Price $691,090 $688,107 $696,576 $720,159 $737,276
Avg Price Change +0.43% -1.23% -3.39% -2.38% -1.80%
Median Price $474,991 $478,870 $481,634 $491,297 $498,255
Med Price Change -0.82% -0.58% -2.01% -1.42% -0.31%
Avg Bedrooms 2.82 beds 2.84 beds 2.85 beds 2.87 beds 2.87 beds
Avg Bathrooms 2.19 baths 2.2 baths 2.21 baths 2.24 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 380 $904,212 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,066 $686,178 75 days
Distressed Homes 19 $365,432 72 days
Multi-Million Dollar Homes 683 $2,044,703 94 days
Newly Built Homes 364 $1,089,770 123 days
Homes with a Pool 1,259 $993,861 67 days
Reduced Price Homes 409 $662,880 65 days
Keller Williams Realty Phoenix
3920 S Rural Rd Suite 110
Tempe, AZ 85282
480-768-9333

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© 2024 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 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. October 3, 2024
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