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

Phoenix Market Report

$661,141

AVERAGE PRICE OF 3,620 HOMES

$369,817

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,995,344

AVERAGE PRICE OF 446 MULTI-MILLION DOLLAR HOMES

$1,038,253

AVERAGE PRICE OF 392 NEWLY BUILT HOMES

$1,054,919

AVERAGE PRICE OF 995 HOMES WITH A POOL

$713,524

AVERAGE PRICE OF 236 REDUCED PRICE HOMES

Average Home

Average Price $661,141
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $281,026
2 bedrooms $364,200
3 bedrooms $532,011
4 bedrooms $842,050
5 bedrooms $1,408,053
Phoenix Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 3,976 3,783 4,162 4,766 4,996
Average Price $613,869 $588,099 $570,069 $572,731 $581,787
Avg Price Change +4.38% +3.16% -0.47% -1.58% -0.17%
Median Price $439,836 $431,843 $426,903 $435,735 $446,806
Med Price Change +1.85% +1.16% -2.07% -2.54% -0.97%
Avg Bedrooms 3.16 beds 3.16 beds 3.17 beds 3.19 beds 3.2 beds
Avg Bathrooms 2.31 baths 2.28 baths 2.27 baths 2.27 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 221 $581,267 75 days
Camelback High School 324 $901,217 66 days
Central High School 351 $753,369 87 days
North High School 176 $670,057 67 days
Pinnacle High School 162 $781,571 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,620 $661,141 75 days
Distressed Homes 14 $369,817 67 days
Multi-Million Dollar Homes 446 $1,995,344 89 days
Newly Built Homes 392 $1,038,253 118 days
Homes with a Pool 995 $1,054,919 72 days
Reduced Price Homes 236 $713,524 71 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. March 31, 2023
This site powered by CINC: www.cincpro.com