Phoenix

Why you'd want to live in Phoenix

Phoenix, AZ, the vibrant heart of the Valley of the Sun, offers an eclectic mix of real estate options catering to diverse preferences and budgets. From modern downtown condos to sprawling suburban estates, Phoenix's dynamic housing market ensures something for everyone. Boasting year-round sunshine and stunning desert landscapes, properties in Phoenix promise both natural beauty and urban convenience. With top-rated schools, parks, and cultural amenities, Phoenix fosters a family-friendly atmosphere. Its thriving economy and job market attract professionals and investors alike, while the city's diverse neighborhoods provide unique opportunities for growth and community engagement. Experience the essence of Arizona living in Phoenix, where affordability, diversity, and opportunity converge to create a truly unparalleled lifestyle.

Phoenix AZ real estate housing market urban living desert landscapes suburban homes downtown condos family-friendly neighborhoods top-rated schools job opportunities cultural amenities Arizona living

Phoenix Market Report

$383,293

AVERAGE PRICE OF 32 DISTRESSED HOMES

$2,191,015

AVERAGE PRICE OF 819 MULTI-MILLION DOLLAR HOMES

$1,153,438

AVERAGE PRICE OF 351 NEWLY BUILT HOMES

$1,092,894

AVERAGE PRICE OF 1,475 HOMES WITH A POOL

$664,973

AVERAGE PRICE OF 433 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $392,555
2 bedrooms $376,317
3 bedrooms $566,954
4 bedrooms $842,487
5 bedrooms $1,380,624
Phoenix Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 4,949 4,901 5,294 5,285 4,983
Average Price n/a $685,096 $689,818 n/a n/a
Avg Price Change n/a -0.69% n/a n/a n/a
Median Price n/a $462,321 $464,127 n/a n/a
Med Price Change n/a -0.39% n/a n/a n/a
Avg Bedrooms 2.66 beds 2.79 beds 2.8 beds 2.4 beds 2.15 beds
Avg Bathrooms 2.35 baths 2.18 baths 2.18 baths 2.09 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Camelback High School 475 $978,282 81 days
Other 3 $517,500 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,658 n/a 50 days
Distressed Homes 32 $383,293 64 days
Multi-Million Dollar Homes 819 $2,191,015 97 days
Newly Built Homes 351 $1,153,438 114 days
Homes with a Pool 1,475 $1,092,894 71 days
Reduced Price Homes 433 $664,973 70 days
AZ Dream Home Search
919 North Stapley Drive Suite M
Mesa, AZ 85203
Designated Broker/ Owner Steven Halen
480-253-0071
steve@azdreamhomesearch.com

© 2025 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 Steve Halen - R&S Premier Properties 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. February 15, 2025
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Steve Halen - R&S Premier Properties are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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