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Phoenix Market Report

$459,006

AVERAGE PRICE OF 4,481 HOMES

$399,840

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,959,115

AVERAGE PRICE OF 261 MULTI-MILLION DOLLAR HOMES

$566,364

AVERAGE PRICE OF 574 NEWLY BUILT HOMES

$771,706

AVERAGE PRICE OF 1,113 HOMES WITH A POOL

$566,105

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $459,006
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $227,814
2 bedrooms $255,708
3 bedrooms $376,408
4 bedrooms $550,990
5 bedrooms $898,077
Phoenix Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 4,776 4,799 4,799 4,629 4,433
Average Price $454,719 $448,689 $451,924 $471,070 $467,395
Avg Price Change +1.34% -0.72% -4.24% +0.79% -7.71%
Median Price $324,590 $319,231 $319,103 $334,384 $330,581
Med Price Change +1.68% +0.04% -4.79% +1.15% -6.57%
Avg Bedrooms 3.23 beds 3.22 beds 3.23 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.38 baths 2.37 baths 2.37 baths 2.42 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 246 $391,588 45 days
Camelback High School 454 $618,641 76 days
Central High School 326 $445,844 70 days
North High School 214 $403,016 71 days
Pinnacle High School 263 $510,906 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,481 $459,006 61 days
Distressed Homes 38 $399,840 66 days
Multi-Million Dollar Homes 261 $1,959,115 136 days
Newly Built Homes 574 $566,364 88 days
Homes with a Pool 1,113 $771,706 67 days
Reduced Price Homes 130 $566,105 59 days
Keller Williams Realty Phoenix
3920 S Rural Rd Suite 110
Tempe, AZ 85282
480-768-9333

© 2020 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. July 10, 2020