Phoenix Market Report
$524,782
AVERAGE PRICE OF 3,700 HOMES$376,053
AVERAGE PRICE OF 15 DISTRESSED HOMES$1,965,419
AVERAGE PRICE OF 292 MULTI-MILLION DOLLAR HOMES$809,437
AVERAGE PRICE OF 296 NEWLY BUILT HOMES$879,273
AVERAGE PRICE OF 879 HOMES WITH A POOL$680,935
AVERAGE PRICE OF 96 REDUCED PRICE HOMESAverage Home
| Average Price | $524,782 |
| Avg Bedrooms | 3.15 beds |
| Avg Bathrooms | 2.35 baths |
Average Price by Bedrooms
| 1 bedroom | $245,200 |
| 2 bedrooms | $314,139 |
| 3 bedrooms | $449,773 |
| 4 bedrooms | $658,193 |
| 5 bedrooms | $944,603 |
Phoenix Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,520 | 3,399 | 3,476 | 3,397 | 3,858 |
| Average Price | $536,052 | $514,345 | $495,160 | $485,788 | $470,486 |
| Avg Price Change | +4.22% | +3.87% | +1.93% | +3.25% | +0.11% |
| Median Price | $372,193 | $356,164 | $346,653 | $335,790 | $330,029 |
| Med Price Change | +4.50% | +2.74% | +3.24% | +1.75% | -1.02% |
| Avg Bedrooms | 3.19 beds | 3.18 beds | 3.17 beds | 3.17 beds | 3.17 beds |
| Avg Bathrooms | 2.36 baths | 2.34 baths | 2.33 baths | 2.34 baths | 2.33 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 185 | $442,160 | 30 days |
| Camelback High School | 361 | $721,779 | 56 days |
| Central High School | 300 | $562,360 | 39 days |
| North High School | 181 | $519,278 | 51 days |
| Paradise Valley High School | 176 | $430,641 | 25 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,700 | $524,782 | 38 days |
| Distressed Homes | 15 | $376,053 | 81 days |
| Multi-Million Dollar Homes | 292 | $1,965,419 | 82 days |
| Newly Built Homes | 296 | $809,437 | 120 days |
| Homes with a Pool | 879 | $879,273 | 35 days |
| Reduced Price Homes | 96 | $680,935 | 31 days |
