Phoenix Market Report
$534,752
AVERAGE PRICE OF 3,674 HOMES$377,985
AVERAGE PRICE OF 14 DISTRESSED HOMES$1,988,259
AVERAGE PRICE OF 310 MULTI-MILLION DOLLAR HOMES$810,337
AVERAGE PRICE OF 296 NEWLY BUILT HOMES$902,369
AVERAGE PRICE OF 892 HOMES WITH A POOL$606,302
AVERAGE PRICE OF 89 REDUCED PRICE HOMESAverage Home
| Average Price | $534,752 |
| Avg Bedrooms | 3.83 beds |
| Avg Bathrooms | 3.16 baths |
Average Price by Bedrooms
| 1 bedroom | $241,037 |
| 2 bedrooms | $313,955 |
| 3 bedrooms | $401,703 |
| 4 bedrooms | $668,592 |
| 5 bedrooms | $992,508 |
Phoenix Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 3,522 | 3,400 | 3,476 | 3,398 | 3,859 |
| Average Price | $536,054 | $514,345 | $495,160 | $485,780 | $470,492 |
| Avg Price Change | +4.22% | +3.87% | +1.93% | +3.25% | +0.11% |
| Median Price | $372,267 | $356,210 | $346,653 | $335,826 | $330,071 |
| Med Price Change | +4.51% | +2.76% | +3.22% | +1.74% | -1.02% |
| Avg Bedrooms | 3.55 beds | 3.41 beds | 3.17 beds | 3.23 beds | 3.08 beds |
| Avg Bathrooms | 3.09 baths | 2.99 baths | 2.33 baths | 2.82 baths | 2.67 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 184 | $442,818 | 31 days |
| Camelback High School | 362 | $739,883 | 58 days |
| Central High School | 283 | $558,383 | 40 days |
| North High School | 172 | $530,727 | 50 days |
| Pinnacle High School | 154 | $567,434 | 46 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,674 | $534,752 | 37 days |
| Distressed Homes | 14 | $377,985 | 78 days |
| Multi-Million Dollar Homes | 310 | $1,988,259 | 79 days |
| Newly Built Homes | 296 | $810,337 | 120 days |
| Homes with a Pool | 892 | $902,369 | 25 days |
| Reduced Price Homes | 89 | $606,302 | 28 days |
