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  • Phoenix Market Report

    $553,996

    AVERAGE PRICE OF 3,887 HOMES

    $370,763

    AVERAGE PRICE OF 11 DISTRESSED HOMES

    $1,906,361

    AVERAGE PRICE OF 297 MULTI-MILLION DOLLAR HOMES

    $865,040

    AVERAGE PRICE OF 297 NEWLY BUILT HOMES

    $834,769

    AVERAGE PRICE OF 1,022 HOMES WITH A POOL

    $596,756

    AVERAGE PRICE OF 176 REDUCED PRICE HOMES

    Average Home

    Average Price $553,996
    Avg Bedrooms 3.2 beds
    Avg Bathrooms 2.28 baths

    Average Price by Bedrooms

    1 bedroom $252,845
    2 bedrooms $350,457
    3 bedrooms $489,395
    4 bedrooms $674,390
    5 bedrooms $956,811
    Phoenix Home Price Trends
      9/2021 8/2021 7/2021 6/2021 5/2021
    Total Listings 3,892 3,802 3,635 3,586 3,657
    Average Price $537,338 $535,645 $536,664 $535,563 $530,037
    Avg Price Change +0.32% -0.19% +0.21% +1.04% -1.13%
    Median Price $405,161 $399,087 $398,910 $386,803 $377,280
    Med Price Change +1.52% +0.04% +3.13% +2.52% +1.37%
    Avg Bedrooms 3.19 beds 3.17 beds 3.19 beds 3.16 beds 3.15 beds
    Avg Bathrooms 2.28 baths 2.28 baths 2.29 baths 2.29 baths 2.33 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Barry Goldwater High School 183 $514,620 34 days
    Camelback High School 307 $759,336 56 days
    Central High School 301 $615,631 57 days
    North High School 213 $538,766 65 days
    Paradise Valley High School 173 $462,524 34 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 3,887 $553,996 44 days
    Distressed Homes 11 $370,763 76 days
    Multi-Million Dollar Homes 297 $1,906,361 76 days
    Newly Built Homes 297 $865,040 115 days
    Homes with a Pool 1,022 $834,769 39 days
    Reduced Price Homes 176 $596,756 33 days