Phoenix Market Report
$623,537
AVERAGE PRICE OF 2,966 HOMES$319,354
AVERAGE PRICE OF 11 DISTRESSED HOMES$1,897,727
AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES$1,100,308
AVERAGE PRICE OF 191 NEWLY BUILT HOMES$948,100
AVERAGE PRICE OF 804 HOMES WITH A POOL$701,719
AVERAGE PRICE OF 107 REDUCED PRICE HOMESAverage Home
| Average Price | $623,537 |
| Avg Bedrooms | 3.21 beds |
| Avg Bathrooms | 2.27 baths |
Average Price by Bedrooms
| 1 bedroom | $263,739 |
| 2 bedrooms | $385,611 |
| 3 bedrooms | $527,439 |
| 4 bedrooms | $758,366 |
| 5 bedrooms | $1,212,845 |
Phoenix Home Price Trends
| 4/2022 | 3/2022 | 2/2022 | 1/2022 | 12/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 2,942 | 2,989 | 2,871 | 3,358 |
| Average Price | n/a | $599,078 | $583,216 | $569,046 | $558,490 |
| Avg Price Change | n/a | +2.72% | +2.49% | +1.89% | +0.27% |
| Median Price | n/a | $451,508 | $441,423 | $434,268 | $426,663 |
| Med Price Change | n/a | +2.28% | +1.65% | +1.78% | +0.43% |
| Avg Bedrooms | n/a | 3.23 beds | 3.2 beds | 3.2 beds | 3.21 beds |
| Avg Bathrooms | n/a | 2.39 baths | 2.34 baths | 2.28 baths | 2.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Barry Goldwater High School | 132 | $550,098 | 27 days |
| Camelback High School | 228 | $883,690 | 50 days |
| Central High School | 227 | $613,061 | 39 days |
| North High School | 173 | $645,627 | 63 days |
| Paradise Valley High School | 127 | $567,459 | 24 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,966 | $623,537 | 40 days |
| Distressed Homes | 11 | $319,354 | 65 days |
| Multi-Million Dollar Homes | 294 | $1,897,727 | 71 days |
| Newly Built Homes | 191 | $1,100,308 | 152 days |
| Homes with a Pool | 804 | $948,100 | 38 days |
| Reduced Price Homes | 107 | $701,719 | 33 days |
