Phoenix Market Report
$693,457
AVERAGE PRICE OF 4,998 HOMES$475,671
AVERAGE PRICE OF 23 DISTRESSED HOMES$2,147,327
AVERAGE PRICE OF 672 MULTI-MILLION DOLLAR HOMES$1,161,842
AVERAGE PRICE OF 350 NEWLY BUILT HOMES$1,054,841
AVERAGE PRICE OF 1,214 HOMES WITH A POOL$566,766
AVERAGE PRICE OF 242 REDUCED PRICE HOMESAverage Home
| Average Price | $693,457 |
| Avg Bedrooms | 2.79 beds |
| Avg Bathrooms | 2.19 baths |
Average Price by Bedrooms
| 1 bedroom | $407,995 |
| 2 bedrooms | $363,068 |
| 3 bedrooms | $541,696 |
| 4 bedrooms | $802,981 |
| 5 bedrooms | $1,525,031 |
Phoenix Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 5,294 | 5,285 | 4,983 | 4,684 | 4,604 |
| Average Price | $689,818 | n/a | n/a | n/a | n/a |
| Avg Price Change | n/a | n/a | n/a | n/a | n/a |
| Median Price | $464,127 | n/a | n/a | n/a | n/a |
| Med Price Change | n/a | n/a | n/a | n/a | n/a |
| Avg Bedrooms | 2.8 beds | 2.4 beds | 2.15 beds | 2.07 beds | 2.6 beds |
| Avg Bathrooms | 2.18 baths | 2.09 baths | 2.4 baths | 2.4 baths | 2.11 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Camelback High School | 387 | $962,369 | 85 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,998 | $693,457 | 86 days |
| Distressed Homes | 23 | $475,671 | 86 days |
| Multi-Million Dollar Homes | 672 | $2,147,327 | 106 days |
| Newly Built Homes | 350 | $1,161,842 | 122 days |
| Homes with a Pool | 1,214 | $1,054,841 | 79 days |
| Reduced Price Homes | 242 | $566,766 | 69 days |
