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

Phoenix Market Report

$751,190

AVERAGE PRICE OF 4,707 HOMES

$414,415

AVERAGE PRICE OF 13 DISTRESSED HOMES

$2,136,597

AVERAGE PRICE OF 759 MULTI-MILLION DOLLAR HOMES

$1,142,705

AVERAGE PRICE OF 410 NEWLY BUILT HOMES

$1,083,245

AVERAGE PRICE OF 1,289 HOMES WITH A POOL

$723,975

AVERAGE PRICE OF 377 REDUCED PRICE HOMES

Average Home

Average Price $751,190
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $269,225
2 bedrooms $398,721
3 bedrooms $568,565
4 bedrooms $859,317
5 bedrooms $1,386,785
Phoenix Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 4,455 4,264 4,107 3,941 3,997
Average Price $736,069 $730,180 $729,886 $723,807 $727,883
Avg Price Change +0.81% +0.04% +0.84% -0.56% -0.43%
Median Price $498,422 $498,105 $492,122 $495,779 $499,306
Med Price Change +0.06% +1.22% -0.74% -0.71% -0.03%
Avg Bedrooms 2.87 beds 2.85 beds 2.82 beds 2.8 beds 2.79 beds
Avg Bathrooms 2.27 baths 2.24 baths 2.2 baths 2.18 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 417 $968,401 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,707 $751,190 64 days
Distressed Homes 13 $414,415 22 days
Multi-Million Dollar Homes 759 $2,136,597 80 days
Newly Built Homes 410 $1,142,705 94 days
Homes with a Pool 1,289 $1,083,245 59 days
Reduced Price Homes 377 $723,975 60 days
Keller Williams Realty Phoenix
3920 S Rural Rd Suite 110
Tempe, AZ 85282
480-768-9333

© 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. April 23, 2024
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